HI,
I have my taxes prepared every by CPA due to also having an LLC. There was a mistake made to my tax basis this year which was caught AFTER my CPA filed my initial tax Return. My initial tax return showed that I owed both State and Federal Taxes. Once I followed up with a few questions, my CPA realized there was a mistake made and the refiled an Amended tax return, which then showed that I would receive a refund for both State and Federal. She Refiled with days of the initial tax filing. As of today, I had two deductions from my checking from both State and Federal leading me to conclude that my initial has been fully processed. Now, I am concerned that my Amended Return will 1) Not process correclty. 2) Only reflect the initial refund amounts 3) How to even begin the process fo disputing the two drafts with both my state and the federal government, and can I dispute? 4) Will the Refund from the amended return reflect the calculation error and Ill recieve a refund for the deductions in addition to my actual refunds. I am pretty annoyed that my CPA put me in this position and also didn't explain that this would even be a possibility. Could someone please shed some light. I have tried to research the context around this particular situation, and haven't been able to locate a clear answer.
