1. My return has been filed and accepted. I have a refund due. However, my 1099 R reporting was incomplete and I have completed an amended return resulting in my owing money to the IRS. Should I file my amended return immeediately and pay the amount due or should I wait until the refund check is received and then make my payment.
2. When I receive the refund check what is the best way to return it? e.g should I include it with my payment and amended return?
3. Am I liable for penalty for under reporting income if I file the amended return before April 15?
Thanks very much.
