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Level 2
February 24, 2020
Question

1040x

  • February 24, 2020
  • 1 reply
  • 5 views

I accidently left of putting  an" x "in box that my mortgage was refinanced in 2007 on my 2018 return.

I refiled an amended form on Turbo Tax and put in the mortgage information left off on the return. By turbo calculation I could claim all the interest. The 1040X form acknowledged that I overpaid taxes and received credit for $807 but because I underpaid the subsidy by $5 on the Affordable Care insurance I owed $5. So in 2019 I received a refund of $802. The 1040X form for filing instructed me to send in $5 due to Affordable Care underpayment.. The IRS already received the $5 with just refunding me $802. In that putting the correct data and the determination all my mortgage interest can be used do I need to even file the 1040X with the IRS? I definitely don't owe the $5.

    1 reply

    Critter
    Level 15
    February 24, 2020

    In  your situation there is no change so filing the X is not needed. 

    etfAuthor
    Level 2
    February 24, 2020

    Thanks that was my thought