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Amended Return Taxes and Refund
Amended return. Filed original recieved refund. Need to file ameneded returnwhich shows a much smaller refund based on simple math. Site here says the new "refund" amount will be an additonal refund. Not possible. The answer here on the site is incorrect regarding amended math.
i.e original return tax paid $17,039
tax owed $15,353
Refund $ 1,686
Amended return tax paid $17,039
tax owed $16,733
Refund $ 306
So by simple math receiving refund of $ 1638 and new revised refund $ 306 I actually owe IRS $1380, correct.
Can someone here or from Turbo Tax address this
‎February 6, 2020
5:00 AM