ea_banks
New Member

After you file

Good idea VolvoGirl.  But the numbers don't quite add up.  I think my problem was that when I received the notification about the corrected 1099 that I opened my TurboTax return and entered the new information to see if it was worth the trouble to amend it (without using the "Amend a Return" button).  TurboTax autosaved the file with the new numbers and now the original is gone.  Fortunately, I saved a PDF of it to see the previous numbers.  The original 1040 amount due shown is higher by $47 (penalty charge) than 1040X line 16.   Now if I subtract the refund  amount shown on the 1040X (line 21) from line 16 it is $32 less than what is shown on the 1040-V?!  Is the penalty $15 less now for some reason?