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After you file
I adjusted the overpayment amount by the increase in taxes. The 1040X refers to the old amount and says I owe that amount as a check to be sent to the IRS. So,does this mean the original overpayment will be held and I pay the difference with a check - even though the new 1040 shows the reduced overpayment? Or is the new (reduced) overpayment amount applied to my estimated taxes and I do NOT have to send a check? This is confusing?
March 23, 2020
1:23 PM