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Paid amended tax due online, do I need to add the payment to 1040x
Hi All,
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Paid amended tax due online, do I need to add the payment to 1040x
When you pay the "amount you owe" selecting "Amended Return", you are done.
Do not try to calculate interest or penalties, IRS will calculate it and send you a bill.
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Paid amended tax due online, do I need to add the payment to 1040x
To be more specific, my question is actually, once I make this payment online, should I reflect this payment anywhere on 1040x? or just keep 1040x as it is (showing $100 tax due)?
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Paid amended tax due online, do I need to add the payment to 1040x
" once I make this payment online, should I reflect this payment anywhere on 1040x? or just keep 1040x as it is (showing $100 tax due)? "
No. When you make an online payment, the IRS knows that you paid. The tax liability and payment information is aggregated in your tax account. A transcript of your tax account is available online:
https://www.irs.gov/individuals/get-transcript
Of course the tax liability from your amended tax return won't be present in your tax account until they process the amendment, so the payment will typically be in your tax account well before the corresponding liability from the amendment shows up.
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