Yikes..., I cant believe I overlooked accounting for some social security income on our joint return! Rather than a tax refund it appears I will owe the IRS money! On top of that my incorrect return was accepted by the IRS. My biggest concern is what should I do and when? Should I submit an amended return now, prior to the filing date, or should I wait a couple weeks for the letter to come from the IRS before I file the amended return? I am sure the IRS will see that I haven't accounted for my social security benefit, but there is the probability that the IRS will deposit cash into our account (e-file) I am not due.
