As the title says I already filed my taxes in February I owe taxes this year. I got an email from turbo tax stating they would update on any new information and now its saying that any additional refund will automatically be processed. but the email was written as if it was for those receiving a refund. so How do I go about figuring out my new bill? or do I just go on iris website and pay the original amount?
You'll need to sign in or create an account to connect with an expert.
For those taxpayers who already have filed and figured their tax based on the full amount of unemployment compensation, the IRS will determine the correct taxable amount of unemployment compensation and tax. Any resulting overpayment of tax will be either refunded or applied to other outstanding taxes owed. You can wait for the IRS to calculate the new amount of tax owed, but that might not be until after the May 17 due date. You could determine the new corrected amount you owe by preparing an amended return. Do not file the amended return, just use it to determine the new amount owed.
How do I amend my 2020 return?
IRS will process your return as originally filed.
You must pay the amount owed as shown on your tax return.
Give one good reason this is not so.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
torilmick
New Member
woolverra
New Member
kvadrevu
New Member
debbiefrancis1976
New Member
unclepatch
New Member