Filed Amended Return before I got my refund

Forum|Forum|4 years ago
June 22, 2022
9 replies
9 views

I was supposed to receive a refund of $2983 for tax year 2021. But I mistakenly said I had not received the third stimulus payment. When I realized my error, I filed an amended return that said I should pay $2623.89. I was using TurboTax so I clicked Yes to file my amended return. Instead of $2623.89, $5,600 was taken from my bank account, which was the entire amount of my stimulus payment. I owe $2623.89, but I've already paid $5,600. The IRS caught my mistake, too, so their website says I owe $2623.89. But nowhere do they show that I've already paid $5,600. I can't afford this. I've been on hold with the IRS and written two letters. Can someone help?

NCperson

Level 15

@mcbeth628 lesson learned: do not file an amendment until the original return has been processed. Obviously, the IRS processed the original return and is not aware of the amendment. They caught the error you caught and adjusted accordingly.

I am having trouble following the math

When you created the amendment, how much did you pay?

how did you pay the $2623? by check? at the irs portal?

when did the payment clear your bank account? (date)?

can you see the $5600 charge on your transcript?

you will probably get a letter shortly demanding the remaining money. there is a section explaining how to dispute it. I'd wait for that avenue to complain - could be the $5600 posts by then and in effect they owe you - I'd explain that in the dispute response.

mcbeth628Author

Level 2

Yes, lesson learned.

When I created the amended tax return in TurboTax and filed it via TurboTax, $5,600 was deducted from my bank account within days (April 25 filed, May 2 $5,600 deducted.) I have that recorded in my online banking records. I haven't paid anything else.

VolvoGirl

Level 15

Yes your post doesn't make sense. I don't think the IRS would charge you bank account for 5600 for either the original return or the amended. When did they take it? Are you sure you are not just seeing the deposit for the 3rd Stimulus payment?

And you should not have amended for that. The IRS will automatically adjust your return if you had the wrong amount on line 30 for the Recovery Rebate Credit (3rd Stimulus payment) and send you a bill. I assume you had 5600 on line 30?