If i owe federal taxes, do i get my deductable after paying?

[kurt_redington]

I recently had a return of $1,600 coming to me from the IRS, I then received a 1095-A and after filling that out, I now owe the IRS $102. After I pay that $102, will I still get my $1600 refund?

[AbigailH · Accepted solution]

Unfortunately, once that information was added it did change your return to owing the $102 instead of receiving the $1,600. This does mean that you will not be receiving the $1,600.

[kurt_redington]

Why would I not get the original $1600? I mean I just paid them the $102 off my credit card yesterday.

[AbigailH]

When the 1095-A was entered was it an amendment or had you not filed yet?

[AbigailH]

This will change the answer drastically.

[kurt_redington]

It was an amendment, I filed back in Feb. 7, and it was accepted, then I received the 1095-A. That's unfair they sent it AFTER I filed.

[AbigailH]

The amendment makes it a good thing. 🙂

[AbigailH]

Since it was an amendment to your taxes and you paid the IRS the $102, you will still receive the $1,600. This is because when you file an amendment, the calculation only calculate for that amendment and not for everything.

If you had not paid right away and had sent in the amendment. If it had gotten to the IRS before your refund was sent back to you, you would then get a refund of $1,498. This is because they would have taken what is due from your return.