If I use TurboTax to amend a tax return and there is no option to eFile, is the interest that is due to the IRS included in the computed tax due amount on the 1040-X?

emezias · ‎September 15, 2020

Is there an easy formula to calculate the interest and make sure the full payment is sent with the amended return?

macuser_22 · ‎September 15, 2020

@emezias wrote:
Is there an easy formula to calculate the interest and make sure the full payment is sent with the amended return?

No. Interest and penalties are calculated by the IRS based on the date they they actually receive your payment. The IRS will sent a seperte bill for that.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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If I use TurboTax to amend a tax return and there is no option to eFile, is the interest that is due to the IRS included in the computed tax due amount on the 1040-X?

If I use TurboTax to amend a tax return and there is no option to eFile, is the interest that is due to the IRS included in the computed tax due amount on the 1040-X?

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If I use TurboTax to amend a tax return and there is no option to eFile, is the interest that is due to the IRS included in the computed tax due amount on the 1040-X?

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If I use TurboTax to amend a tax return and there is no option to eFile, is the interest that is due to the IRS included in the computed tax due amount on the 1040-X?

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