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Get your taxes done using TurboTax
Thank you RJS.
When I make an amendment to my 2020 Tax return, such, other income related to an asset disposal schedule C, I would expect Turbo Tax to show an amount due. In my case the payment should be small - say $50 for our example for say a sale of $200. (I made up the numbers)
But as mentioned above, the amendment / TT app does not know the IRS sent a supplemental refund. That refund is much greater than $50 - let's say it was $1000. TT amendment say, the IRS owes the taxpayer a refund of $950.00
On the surface, it looks like I am asking the IRS for a refund. I AM NOT.
What's the path to adjust my original filing, pay my expected bill, etc?
May 30, 2023
1:46 PM