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Should I just pay more tax when my return indicates a refund?

 
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Should I just pay more tax when my return indicates a refund?

It was due to the stimulus;  I answered no on the input with TT and should have answered yes.  I owe the tax because I did receive the stimulus.  Thanks!

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4 Replies

Should I just pay more tax when my return indicates a refund?

please restate the question...why would you do that? 

Should I just pay more tax when my return indicates a refund?

It was due to the stimulus;  I answered no on the input with TT and should have answered yes.  I owe the tax because I did receive the stimulus.  Thanks!

Should I just pay more tax when my return indicates a refund?

Did you get a letter from the IRS?  Yes you need to pay the new tax due.  You tried to get the Recovery Rebate Credit (3rd Stimulus payment) again on line 30.  It is not taxable and you are not paying it back.  They took it off of line 30 because you already got it.  So it reduced your refund or turned it into a tax due.

Should I just pay more tax when my return indicates a refund?

wait until you receive a letter from the IRS stating they adjusted the refund.  DO NOT AMEND.

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