Ammended return

6 replies
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I amended my taxes because of the $10,000 unemployment deduction, and Turbo Tax told me I qualified for some new child tax credits. My amended return status on 'Where's my amended return?' says that it is accepted but it hasn't changed to adjusted yet. It's been 12 weeks, and today I received a direct deposit of $900 when Turbo Tax said I would receive $2,252. I haven't gotten a letter, and don't know what to do or how to find out why it is $900 and not the full amount? Initially, I only received $71 back in taxes.

Critter-3

Level 15

Ok...

First ... you should have gotten the original refund.

Next ... the IRS is automatically recalculating the return for the unemployment exclusion.

Then ... eventually the amended return will be processed and any further refund will arrive ... sadly this process may take 6 months or longer and all you can to is wait and check the IRS site once a week for a progress report. It is also possible the return could be sent back to you if the column A is not the same as the automatically corrected IRS amounts which is the downside of filing a 1040X while the IRS is still processing the original return ... it will be interesting how they will handle this influx of early incorrect amended returns.

saraidenae2676Author

Level 2

Yes.... I only amended because they said that if you qualify for credits you didn't qualify for before then you would need to amend. And also, what original refund are you referring to?

Critter-3

Level 15

I filed the first time and did receive back money... it was under $200. Which means yes, it was processed successfully before I amended. 😕😕 And oh ok, makes sense.... Do you think I should try to call? Or just wait until it says fully adjusted on the Where's my amendment tool?

All you can do is wait until the smoke clears. And since the IRS was making a correction to the original return you should have waited until the return was recalculated and not just the filed return ... this is a very unusual situation this year and hopefully congress will not let it happen again.

hopey71

Level 2

So I shouldn't wait either? I should go in and amend my tax return too?