Good afternoon.
I just filed a return for 2020 (Feds and California), it was accepted, I owe (Feds and California), and I automatically scheduled the payment to occur on April 1.
However, I just found out that that return is not correct and I am actually due a refund (Feds and California).
Do we know when I can e-file an ammended return (1040x)? I heard it will not be until March 25,2021, but was hoping to confirm. When I go into TurboTax PC it says the "... the IRS is still working on finishing up the Amended Return area (Form 1040X) for 2020."
Also, will I have to pay the original amount on April 1, then get that money back plus the refund or will they be able to stop the original return, just process the ammended return, and just get the refund?
Finally, it looks like the Feds accept e-file ammended returns, but does the state of California or will that have to be paper?
Any help you can provide would be greatly appreciated.
Thank you.
