topic Re: Overpayment in After you file

Overpayment

Cpetrassi — Thu, 29 Apr 2021 17:56:04 GMT

I filed my taxes prior to amendment. I have already received my federal refund. Turbo tax shows I have an overpayment because IRS has recalculated federal refund because of unemployment. Do I subtract the overpayment amount from what I have already received or is the overpayment amount what I'm still owed?

Thank you in advance!

Re: Overpayment

Mike9241 — Thu, 29 Apr 2021 19:37:31 GMT

that's probably the additional amount. do not file an amended return per the iRS.

Re: Overpayment

Cpetrassi — Mon, 03 May 2021 14:31:21 GMT

Where do I find my 1040-X?

Do I have to do anything or does turbo tax take care of it?

Thank you

Re: Overpayment

ColeenD3 — Tue, 04 May 2021 00:10:17 GMT

You don't need a 1040x. Do not amend. Take a look at your 1040 to see how much you were going to initially get back and compare it to what you received.