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Level 1
Sep 12, 2023 12:09 AM UTC
Solved

State filing error

K-1 incorrectly was omitted from my state return so when I filed it showed a huge refund. Now I realize the mistake and actually owe! So I have to file an amended return. Do I wait for the refund first before paying the entire amount back and filing the amendment? What is the right approach?

TomD8Answer
Alumni - Champ
Sep 12, 2023 4:10 PM UTC

Expert Reviewed

Wait until you receive the refund.  If you file an amended return before the original has been fully processed, problems and delays could occur.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

2 replies

Level 15
Sep 12, 2023 1:49 PM UTC

Contact Support if you don't get an answer here today.

 

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TomD8Alumni - ChampAnswer
Alumni - Champ
Sep 12, 2023 4:10 PM UTC

Expert Reviewed

Wait until you receive the refund.  If you file an amended return before the original has been fully processed, problems and delays could occur.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.