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Should we submit an amended return?
We submitted our 2020 tax return via efile (turbo tax) and expected a refund. The IRS discovered there was an error with the stimulus calculation and informed us we had a balance due of $2k. We recalculated our return and determine we should only owe the IRS $100. We sent them a letter explaining this and also included a hard copy of the new tax return plus the $100 check payment. The check was deposited, shortly after we received a letter demanding the original amount due of $2k. It appears that it may have been crossed in the mail. My question is, not wanting to confuse things more, should we e-file an amended return via Turbo tax software or should we address it by responding the payment demand letter? Thank you
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‎July 29, 2021
11:48 AM