Hi everyone, hoping to get some guidance.
I filed my 2020 taxes and at the time of filing Turbo Tax calculated that I owed a certain amount. I still had a few months before having to pay my taxes to the IRS so I waited. Later a new tax law was implemented before the tax deadline date and so when I went back to Turbo Tax to take a look at my return it had recalculated based on the new tax law and showed that I owed much less.
So, I ended paying the IRS the lower amount and now they are requesting the original higher amount, totally disregarding the new tax law.
My question is, am I obligated to pay the higher amount because I filed my taxes prior to the new tax law even though the new tax law was implemented before the tax deadline date? And if so, will I get that money back on my 2021 tax return? Thanks
