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After you file
Well that ended up being a rip then. I added the 1099-B as a loss and saved $7 off my federal tax bill (down to $1420 from $1427 calculated in Feb), only to be charged an extra $30 from TurboTax. 😐
When I login to TT, it says my federal return was transmitted and accepted 2/12. The IRS pulled my $1427 amount owed last night (the amount owed prior to entering in the 1099B info). I'm not going to quibble over $7. But it doesn't look like Turbotax anywhere has refiled my amendment though. Or perhaps I'm making an assumption that when I edited my return through the software to add in my 1099B that it would amend my federal and re-file my state?
April 16, 2021
9:01 PM