- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Amending return for IRS $15 interest 1099 and now shows $441 refund for Premium Tax Credit- but received check in the mail already!
I needed to amend my return to add a1099 IRS interest form I received for $15 dollars after I already filed. I ran the Amend form process and it now shows I am due a refund of $441. After some extensive research, determined it was the Excess Premium Tax Credit (due back due to the American Rescue Plan as of April 9th, 2021). The problem is, I just got a check in the mail for $441 dollars and I still need to file the amended return for the $15 (1099 INT from the IRS). My state now also says I owe $10 I'm assuming due to the PTC of $441. What do I do? I can't file an amended return for $441 refund when they already sent checks out to refund the tax payers? There should be a question on the form to ask if you have already received the refund, just like the stimulus checks so it adjusts off the amount it is adding back in.