So i was able to amend return on turbo tax the federal was previousaccepted and i added my 1099 so my refund increased from what it was before. Does that mean i will owe

[raekyea-youngall]

The refund is now more the federal was already accepted and the state was still pending.

[EdwardK]

Did you amend 2016? 2017 amend area isn't ready yet. Also, are you saying you added income and your refund increased? If so, did you also add taxes withheld along with the income?

[raekyea-youngall]

I didnt have to amend 2016 i didnt have a 1099 that year i just started that job in 2016 i was a contractor for a company that didnt have taxes withheld in 2017 I forgot it the first time when i filed on the 19th with just my w-2 but i did the amend form yesterday with the 1099k with my expenses and it increased my refund and said in progress. I also had child tax credit.

[EdwardK · Accepted solution]

The amend return area in TurboTax isn't ready yet and won't be fully available until sometime in February. You should have seen the attached screenshot.

Although it will take more effort, I recommend deleting the changes you made when you thought you were amending (adding 1099-K and expenses) and get the tax returns back to their original status showing the refunds you originally filed for. Then, wait to receive the refunds you originally filed for and/or instructions from the IRS and/or state department(s) of revenue on how to proceed because they may also determine you did not report the 1099-K you received yet.

The reason I recommend this approach is primarily because TurboTax calculates your amended tax refunds or taxes owed based on the assumption you already received the refunds you originally filed for (which you haven't received yet). Please review the following TurboTax FAQs for more information:

• Do I need to amend?
• Can I amend if I already received my refund?
• How to amend (change or correct) a return you already filed?
• Can I e-file my 1040X to amend my return?

[raekyea-youngall]

I did that so how do i delete the info. I guess i have to send it in via mail right later.

[EdwardK]

Do you mean how do you delete the 1099-K and expenses you added?

[raekyea-youngall]

Yes correct. I just had input the info on the amend part.

[EdwardK]

1. Sign in to TurboTax and select Take me to my return, if necessary.
2. In the upper right corner, type "self employment income" in the Search box and then select the "Jump to" link in the search results.
3. Then, you may either delete the entire "Line of work" by using the trash can icon or select "Edit" on your "Line of work" and delete each income and expense item you added by using the trash can icon.

[raekyea-youngall]

How do i find out if i will owe? The refund amount without my 1099 was less then with my 1099 which will be added when i amend. Does that mean i wont owe.

[EdwardK]

Did you have a loss on the business? If so, that is why the refund was more. However, you won't know whether you are due more of a refund or owe until the original refunds you filed for are received, etc.

[raekyea-youngall]

Technically i believe so. I was a contractor for a job called handy so i just did expenses for the supplies and stuff i used but it was no taxes take out. So if my expenses was lower the refund was bigger ? Plus my deductibles idk how this works at all

[EdwardK]

If your self-employed income was less than your expenses, your self-employed business incurred a loss. A self-employed business loss would decrease your total personal income. If you have less personal income, you owe less taxes thereby increasing your refund.

[raekyea-youngall]

Sorry for the many wuestions. My income was not more then my expenses.

[raekyea-youngall]

But my income wasnt alot to begin with