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Financial Planning / Tax Strategies
|Subject: Re: Amended return issue||Date: 5/2/2013 11:19 AM|
|Author: Wradical||Number: 118567 of 122521|
Greetings Experts --
This year I filed an incorrect return in which I claimed a federal tax refund of $800. Within 48 hours I became aware that I had claimed an erroneous deduction and filed an amended return along with my check for $600.
This week I received an refund check for the $800!!!
I have tried to contact the IRS but no joy. I would like guidance on what to do next. Just sit quietly by until the IRS gets back to me????
I'm not sure there's a problem.
Is the difference in tax supposed to be $1400 or $200? Sounds like $200.
On your amended return, when calculating the tax paid to date (lines 11-18), is the $800 subtracted as "Overpayment if any, shown on original return or adjusted by IRS"? If so, that's the $800 you just got, and it's yours to deposit.
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