Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Nov 17, 2021 10:30:16 PM

Can anybody tell me why after I amended my tax return its saying I owe over $500 instead of them owing me?

0 2 276
2 Replies
Level 15
Nov 17, 2021 10:47:14 PM

We can't see your return. on the 1040X compare columns A and C

Are lines 5 and 11 and their respective column C less than column A? if so, did you include any payment with your return or extension?

 

if C is more than A, what did you change? because you increased either taxable income or your taxes.

ii might help if we know what you changed and we don't need the amount.

 

 

your other option is to contact Turbotax support which you can allow to see your return

Contact Customer Service
5am-5pm Pacific Time (8-8 Eastern) Monday - Friday
https://support.turbotax.intuit.com/contact

800-446-8848

 

 

Level 15
Nov 18, 2021 6:28:56 AM

Look at the form 1040X …

Column A should have the figures from the original return, Column C the corrected figures and Column B the differences between the other 2 which needs an explanation on page 2 of the form 1040X.

 

If you completed it correctly you will see an entry on either line 16 OR 18:

On line 16 should be the amount you paid with your original return. If you paid nothing already then this line should be zero.

On line 18 should be the amount of your original refund you received.  If you have not received your refund yet then you need to wait for it.  If the refund changes from what you expected then this line must reflect that change.

 

Then you will see your extra refund on line 22 OR  the new balance due you need to pay on line 20.