I have started with amending my 2020 tax return. My starting number was reset to $0 for Fed and $0 for NY but it is showing $100 for NJ. I have not made any changes to the return and just started with the amend return. Is n't everything reset to $0 before we start amending the changes? If Yes, why I am getting a non zero starting number?
You'll need to sign in or create an account to connect with an expert.
Yes, generally the amended returns start with $0 but if there was an update that influenced your refund then it can start with a different amount.
This year there were a lot of changes made during the tax season therefore it is possible that NJ had and update that changed your refund before changing anything on your return.
I am not sure if the non zero amount is due to changes in tax law. I am seeing the exact refund that I got with my original return as the starting amount instead of zero. This is a big problem for me as this amount stays same after amending the changes and I already received the refund. It is noteworthy to mention that my amend is addition of a form for which there will be no change in tax liability ( no tax payment or refund)
It’s not possible to say why you have a non-zero amount without looking at your tax return. As awesome Tax Expert @DanaB27 said, a non-zero amount almost always comes up when there is a change to tax laws or the program.
If you did not e-file NJ, it’s also possible you filed with errors.
If you have your original NJ-1040, print out the current version in TurboTax and compare line-by-line that against the original and find out what has changed.
In TurboTax Online, click Tax Tools in the left column and then Print Center.
I just did the same. The original return and the amended return has all the details same including the refund amount. My portion of income from NJ was $1701 and there was $27 tax withheld in W2. I paid estimated tax of $1000. In my original return the tax calculated was $80 and I got a refund of $947 ( 1000+27-80). Now I am amending my federal return to include a K-1 form as I received it after I filed my return. It is not changing my Fed tax amount ($0 owe or refund). As part of the process, I am also trying to file amended NJ tax return (Non resident) and it is giving me again a refund of $947. The amended return should have given me $0 instead of $947.
It is noteworthy to mention that I have e-filed both Fed and NJ return and they were processed and I got my refunds credited to my account.
I am not sure what to do here and how to fix the problem.
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.
MEL MANDICH
Returning Member
ajcava
New Member
gillespied849
New Member
mshockey
New Member
pgregory002
New Member