2023 Tax Return-
In late 2023 I received my 2021 Amended Tax Return Check for money i missed out on due to incorrect filing status and a missing w2 for that year. The amount by check that i recieved from the IRS was more than what was said on the 1040-x (Amended tax return for 2021). How would i report this on my 2023 taxes? and how do i report it being more than what was allotted on the amended return?
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Did the IRS pay you interest on it? Enter interest from the IRS like a 1099Int and put the amount in box 1. Enter it manually and just enter IRS for the payer. Don't enter any other info like the address or a EIN.
Federal
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start or Update button
Put the interest amount in box 1
You do not report a federal tax refund on your federal tax return. You do not have to report that the refund was more than the 1040-X showed.
The additional amount might be interest that the IRS paid you on the delayed refund. If so, you should get a Form 1099-INT from the IRS. You report it as interest income, just like interest from a bank.
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