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New Member
posted Jun 5, 2019 11:19:25 PM

I amended my tax return now it's saying I owe the total of tax refund amount I received why?

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1 Replies
Level 2
Jun 5, 2019 11:19:26 PM

When you amend a tax return, it may change the tax calculated based on what changes you made.

For example, if you increased your taxable income (e.g. you forgot to include interest from a bank account), that may increase the tax you owe, thus reducing or eliminating the refund from your original return. 

Another example:  If you overstated your itemized deductions and are amending the return to remove or reduce an itemized deduction, this may also increase your taxable income and thus reduce your refund.