ea_banks
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After you file

Thank you Mike9241.  TurboTax did make me print out a 1040-V payment voucher but said nothing about canceling my previously scheduled payment to the Treasury.  Or what to do about my State return (refund in this case so maybe it's OK).  I would've ended up paying Feds twice if I didn't cancel the scheduled payment and also sent in the payment voucher!  I assumed the originally scheduled payment minus the modest refund shown on my amended return would add up to my total due for the year.  But I can see where that would be a bad assumption because of the corrected 1099.  

 

TurboTax: room for improvement here where taxes are due and subsequent amended returns are filed.  A nice note notifying us to cancel previously scheduled payments.  Also, why show a refund on the amended return and also a 1040-V showing payment due.  Why not subtract the refund from the amount due on the 1040-V??

 

P.S. - Maybe time for a new brokerage - 2nd year in a row where Schwab has sent a corrected 1099 late in the game.