DawnC
Employee Tax Expert

Get your taxes done using TurboTax

No.  If there are any penalties or interest, the IRS will adjust your Form 1040-X, see link below.

 

Balance Due

If you owe additional tax, and the due date for filing that tax return hasn't passed, you can avoid penalties and interest if you file Form 1040-X and pay the tax by the filing due date for that year (without regard to any extension of time to file).   If the filing due date falls on a Saturday, Sunday, or legal holiday, your amended return is timely if filed or paid the next business day. If you file after the due date, don't include any interest or penalties on Form 1040-X; they will be adjusted accordingly.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"