YIKES!!
I filed my return in the nick of time to the USPS earlier today. The latest Post Office in ALL of Connecticut closed at 530! Honestly, why bother with a 11:59 pm deadline?!
Anyway, I digress. --- because I would have caught the error if I had that extra few hours to re-review my return before I filed it ... or maybe I should just get my taxes done before April 15th : )
So .... I e-filed and then mailed at the USPS, my 1040V with payment of $4000. When I was preparing my return, I kept seeing this number (4783) of extra taxes on one of the forms and was wondering what it was. I double checked everything (or so I thought). We also heard alot of people were owing taxes this year, and considering the new tax laws, it seemed reasonable that we would owe (even if we usually got a 1k refund). So needless to say, I didn't think too much of it.
So later this evening, I thought well, let me look into that and double check a few things.... low and behold, I found my error (entered a w2 box 12 item as unpaid ss tax instead of 401k contribution .... Holy COW, I'll never make this mistake again!)
===> So that brings me to my question.
From what I understand, since my return was filed (and accepted, ... it was rejected last year, why couldn't that have happened this year?), ...then I cannot revise it, but have to wait until the IRS "processes it" in order to file an amendment. .... So I was wondering, won't it take the IRS like 6 months or more to return my money, or maybe they even mess things up and never return my money???
So, here's the other kicker ... in my mad rush, I didn't realize (or forgot, who can remember what they did yesterday, much less a year ago?!), forgot to include the W2 which actually would make it an easy catch by the IRS. So now I think I have to wait for them to mail the request for the W2, then I reply, .... and so on and so on .... meanwhile they have my $4000 hijakcked!
.... SO, CAN (and should) I PUT A STOP PAYMENT on my check?
