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April 10, 2022
Question

Filed my 2021 ...had C/F credit. Forgot to include 1099. Prepared 1040X to include 1099. Now I owe. Can I just lower my C/F on 1040X

  • April 10, 2022
  • 1 reply
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1 reply

April 12, 2022

What is your C/F credit?

 

In general, the answer is no.  You cannot change your numbers to numbers that are not accurate.  Also, if you are seeing on your 1040X that you owe, if you had a refund on your original return, the change just lowered your refund amount.  Since the program sees you already received a refund, what you are seeing is a repayment of what you were overpaid in your refund. 

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