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If I amended my taxes and receive my money from irs is that money still mine or do I wait on the amendment to go through

 
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If I amended my taxes and receive my money from irs is that money still mine or do I wait on the amendment to go through

Generally the refund from the original is still yours.....assuming the amended return was prepared correctly (you should always wait for the original return to complete processing before mailing in an amended return)

Did the amendment show that you had to pay some money back to them?
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If I amended my taxes and receive my money from irs is that money still mine or do I wait on the amendment to go through

First ... do NOT amend the return before you have received the original refund !!! 

Then ...  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. 

On line 18 should be the amount of your original refund you received.

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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