echangchien
Returning Member

Ammending 2019 return for Malpractice Tail Payment

Please help - My 2019 return was filed, accepted, and I have completed payment. I recently forgot to include a $90,000 payment for medical malpractice insurance in my return. I am trying to go through TurboTax to file an amended return. I am trying to figure out if I would qualify for this deduction (and if so, would it be for both state/federal). As I am an employee, I've put it under 'Job-related Expenses'. When I go to calculate my refund, I get a significant state refund, but my federal return is 0. If I switch to itemizing my return, I owe more federal taxes, but it's my understanding the only way to claim this deduction is to itemize. Obviously, I don't want to amend my return and end up paying more! Thank you.