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Level 3
posted Sep 15, 2020 5:18:41 PM

1040X with small amount owed

I mistakenly inputted a wrong number.  If corrected, my 1040X would owe an additional amount less than $10 (which TurboTax, presumably, has included interest).  Would the IRS forgive such a small amount from needing to amend?  Thanks.

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1 Best answer
Level 15
Sep 15, 2020 6:27:02 PM

The IRS will not bother with such a small amount of additional tax. You do not have to go to the trouble of filing an amended return.

 

1 Replies
Level 15
Sep 15, 2020 6:27:02 PM

The IRS will not bother with such a small amount of additional tax. You do not have to go to the trouble of filing an amended return.