turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Amended return after direct deposit of refund?

I already received a $2600 refund by direct deposit.  I now have to file an amended return to add an additional 1099R that just came in the mail.

 The additional income will raise my Tax liability by $200. I expected to just pay the $200 difference, but the 1040-x says I owe the IRS $2800. Does that mean I'll get another refund of $2600 at some later date?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JamesG1
Expert Alumni

Amended return after direct deposit of refund?

No, it does not.

 

Make sure that line 18 of IRS form 1040X reflects the overpayment of $2,600 from the original tax return.

 

IRS Instructions for Form 1040-X, page 9, states:

 

Enter the overpayment from your original return. If your original return was changed by the IRS and the result was an additional overpayment of tax, also include that amount on line 18.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question