Replacing Turbo Tax file with an older version

[goyal_raj]

I filed my tax about 2 weeks back and realized that i did not deduct interest on US GOvt bonds from my state taxes. So I updated the amount by checking 'Is any Dividend from US Govt XXX'. Not sure if this change led to it or not but it started showing a Federal tax payable along with a State refund. I dont see how Federal would go up because of this. I went ahead and removed this number and my state tax refund came back to zero (since i already filed), but my Federal is still showing a payable.

I am thinking I should delete the Turbo tax file that is saved on the desktop after every save of Turbo tax and replace it with the file i had when i filed 2 weeks back. I took a back up of that file. Would this work and not lead to any damage to my data when i open Turbo tax again?

I just need an amended state return with this US Govt Bonds interest to get a refund.

thanks,

RG

[CatinaT1]

If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines. 

• You must first wait until the initial return is completely processed. 
• You will have to use the same TurboTax account that you used for the original tax return. 
• Once you begin your amendment, you'll see your original return.  
• The refund calculator will start new at $0 and only reflect the changes in the refund or tax due 
• Only make changes to the areas of your return that need to be corrected. 
• You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment 

Select your product below and follow the instructions. 

Amend TurboTax Online 

Amend TurboTax CD/Download 

[goyal_raj]

Thanks for your inputs.

I had to update my Turbo tax version and now when i open Turbo tax and just click on Amend it gives me a Federal payable amount of 529 without me entering anything. This looks like a software upgrade issue and the funny thing is that it says that my correct AGI is what i already used to file and then it calculates a higher tax on it.