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June 5, 2019
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I owe money on my original return. I received a corrected 1098. My amended return says I owe 0. Do I pay original amount due and not worry about sending in the amended?

  • June 5, 2019
  • 1 reply
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Best answer by Critter

Look at the form 1040X …  The program assumes you paid the original balance due ... so if there is no change on the 1040X then you will not file it and pay the original balance due ....


Column A should have the figures from the original return, Column C the corrected figures and Column B the differences between the other 2 which needs an explanation on page 2 of the form 1040X.

If you completed it correctly you will see an entry on either line 16 OR 18:

On line 16 should be the amount you paid with your original return. 

On line 18 should be the amount of your original refund you received.

Then you will see your extra refund on line 22 OR  the new balance due you need to pay on line 20.


1 reply

Critter
CritterAnswer
Employee
June 5, 2019

Look at the form 1040X …  The program assumes you paid the original balance due ... so if there is no change on the 1040X then you will not file it and pay the original balance due ....


Column A should have the figures from the original return, Column C the corrected figures and Column B the differences between the other 2 which needs an explanation on page 2 of the form 1040X.

If you completed it correctly you will see an entry on either line 16 OR 18:

On line 16 should be the amount you paid with your original return. 

On line 18 should be the amount of your original refund you received.

Then you will see your extra refund on line 22 OR  the new balance due you need to pay on line 20.