Will the IRS charge interest or a penalty for amended return even though refund was much more than what I have to pay back?

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If the amended return is for 2023, then you can file it by April 15, 2024 and pay the tax due on the amended return by April 15. There'll be no penalty or interest.

If the amended return is for a prior year, there may be a penalty and interest.

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Amending 2023 tax return for missing 1099 interest - missing option

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Will the IRS charge interest or a penalty for amended return even though refund was much more than what I have to pay back?

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