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New Member
posted Mar 26, 2025 7:39:02 AM

Federal return refund

I filed federal and state return with refund due that showed up in bank acct. today. I filed an amendment on both last week that showed amt tax owed that will come out direct from bank on the 10th. What happens now? Do I just wait for IRS send a letter asking for refund back? 

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1 Replies
Expert Alumni
Mar 26, 2025 7:49:29 AM

Yes you should wait.

 

  • A tax notice is possible.
  • Depending on how you set things up, it is also possible that it will be taken directly from your account 

It's best to see how things work themselves out.