Have a question on form 4868 federal extension please
Me and my wife filed this form to get more time to prepare our taxes. We noticed the Turbotax CD version did not allow electronic filing for extensions, so we used our online Turbotax ID's to file it easily electronically
- We followed the prompts - we entered tax liability and 2021 payments. We are in a refund situation. It asked for expected refund and we entered it. It said congratulations no tax is due, click enter to transmit. We transmitted with no issues. Turbotax didn't allow us to preview the form
- After transmittal, Turbotax allowed us to download the actual form. Upon review, the extension has the proper tax liability and payments listed. However, it shows our REFUND amount in the balance due row (it should show 0) :( so i dont know if this is a software issue or if i entered something incorrectly
- So if you do the math on the form 4868, line 5 (tax paid) is larger than line 4 (liability). Line 6 says subtract line 5 from line 4 - it should be 0, but shows the refund as a balance due
- Turbotax says the extension was accepted as is - i thought they would reject it since the math doesn't work per the form math
Is there any other action needed? should i mail another 4868 one with a 0 in that balance due cell or just leave it be ? when we eventually file our returns there will be a refund !
thanks for any help !!
