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Junique424
New Member

I filed my return, and owed this year. Then I got a corrected 1098, and just completed the steps to amend my return. Now it says I owe $0. Is that right?

 
1 Best answer

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Vanessa
Level 3

I filed my return, and owed this year. Then I got a corrected 1098, and just completed the steps to amend my return. Now it says I owe $0. Is that right?

What you are seeing is that the corrected 1098 is not changing your amount due.  When you hit the amend button everything goes to $0 and then any changes in that number are based on the return you already submitted.  If the 1098 would have made any changes you would see a different number there that would have been a refund of the amount you paid in.  

**Say "Thanks" by clicking the thumb icon in a post
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1 Reply
Vanessa
Level 3

I filed my return, and owed this year. Then I got a corrected 1098, and just completed the steps to amend my return. Now it says I owe $0. Is that right?

What you are seeing is that the corrected 1098 is not changing your amount due.  When you hit the amend button everything goes to $0 and then any changes in that number are based on the return you already submitted.  If the 1098 would have made any changes you would see a different number there that would have been a refund of the amount you paid in.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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