I owe the IRS but my 2024 tax return will more than cover what I owe. They say I owe about $5K more than I actually owe them. Once they process the amended return I sent over four months ago, the amount I owe will go down. I took out extra in 2024 so my refund will be more than enough to cover the amount due. If I file now, they will take out all I owe, including the extra 5K, and I'll only get a small amount back. I'm also worried that it will take even longer to get what will essentially be a second refund this year when they recalculate what I owe. I don't know if I should file now to clear the past due and then wait for a second refund, or wait to file to get the full amount I should receive for 2024. Is there any advantage to doing one or the other?
