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posted Aug 7, 2022 6:16:10 AM

If I am doing an amended tax return and it says that I am supposed to get a $2,600 refund, but at the end it says $1631 what am I supposed to do if that is the only c

I meant to finish with that was the only change that I made to my amended taxes

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2 Replies
Level 15
Aug 7, 2022 6:40:12 AM

IGNORE the refund meter when amending the return ...  

 

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.

Level 15
Aug 7, 2022 6:42:39 AM

@klwisaa - you will have to explain more.  For the 1040X,

 

a) the first column should match EXACTLY with your original tax return (adjusted for anything the IRS has already adjusted)

b) the 2nd column are the changes

c) the 3rd column is the result 

 

DO NOT FILE AN AMENDMENT UNTIL THE IRS HAS COMPLETED THE PROCESSING OF THE ORIIGNAL RETURN as they may be making the adjustments that you are amending for...

 

why do you think the result shoul be exactly $2600.. Can you explain why you are amending? 

 

if you owed $969 (column A) and you are now to get a $2600 refund (column B), then the net effect is you are getting a $1631 refund.  is that what is occuring?????