Solved: I filed my federal return and got a refund direct deposited already. I had to amend the return and now owe $500.00. Does that include the refunded amount of $259.00
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New Member

I filed my federal return and got a refund direct deposited already. I had to amend the return and now owe $500.00. Does that include the refunded amount of $259.00

Does the amended amount include the refund already paid to me?
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Level 6

I filed my federal return and got a refund direct deposited already. I had to amend the return and now owe $500.00. Does that include the refunded amount of $259.00

If you amended the return using the Turbotax procedures the amount you owe is not in addition to the $259 refund.  In other words, you actually owe $241.  However, if you've already received the direct deposit, you do owe the IRS $500.

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Level 6

I filed my federal return and got a refund direct deposited already. I had to amend the return and now owe $500.00. Does that include the refunded amount of $259.00

If you amended the return using the Turbotax procedures the amount you owe is not in addition to the $259 refund.  In other words, you actually owe $241.  However, if you've already received the direct deposit, you do owe the IRS $500.

View solution in original post

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Level 15

I filed my federal return and got a refund direct deposited already. I had to amend the return and now owe $500.00. Does that include the refunded amount of $259.00

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.

 


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New Member

I filed my federal return and got a refund direct deposited already. I had to amend the return and now owe $500.00. Does that include the refunded amount of $259.00

yes because you got refund check in your back r ready and they sent a check again to u thay add both checks and got that amount
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