See if I need to file an amended return of Federal 1040 already efiled. I forgot to enter from 1098 ecrow refund of $183.00.

virginia1 — Sat, 01 Jun 2019 06:44:30 GMT

What line on the amended return do I enter the refund of $183.00. I may have to do a amended return to the state of Idaho. Please inform me asap.

If you received a "refund" of your escrow account, that w...

KrisD — Sat, 01 Jun 2019 06:44:32 GMT

If you received a "refund" of your escrow account, that would not be reported on your tax return and it would not be taxable.

If I understand your situation, your lender has an escrow account that they hold for taxes and/or insurance payments.

The lender "estimates" what you should pay each month, and at times they estimate too high, which means you get some of your funds back. If this is the case, these funds were never used for a credit, so they are not considered income or taxable.

This situation would not warrant filing an amended return.

topic See if I need to file an amended return of Federal 1040 already efiled. I forgot to enter from 1098 ecrow refund of $183.00. in After you file

See if I need to file an amended return of Federal 1040 already efiled. I forgot to enter from 1098 ecrow refund of $183.00.

If you received a "refund" of your escrow account, that w...