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September 21, 2024
Solved

If when I went to file my amended return for 2022 and the amount that I'm supposed to owe increases what does that mean?

  • September 21, 2024
  • 1 reply
  • 0 views
I made an error on a tax return from
2 years ago, received a bill for over $3000, was told to file amended return but when I did I noticed my balance owed increased.. what does this mean?
Best answer by VolvoGirl

It means you have to pay more.  Did you pay the $3,000 bill?  Did you start the Amended return before you entered any new or changed info?  Did you have a refund on the original return?  You might have to pay some of the refund back plus the extra tax.  What did you have to amend for?  

 

The amended return will only be the difference you get back or need to pay. You can confirm this by printing your amendment and looking at the 1040X. Line 18 should be your original refund amount and line 21 should be your additional refund. If you paid on your original return it will be on line 16 (but don't include any penalty on 1040 line 38). If there is an amount owed with the amendment, it will be on line 20.

 

 

 

1 reply

VolvoGirl
VolvoGirlAnswer
Employee
September 21, 2024

It means you have to pay more.  Did you pay the $3,000 bill?  Did you start the Amended return before you entered any new or changed info?  Did you have a refund on the original return?  You might have to pay some of the refund back plus the extra tax.  What did you have to amend for?  

 

The amended return will only be the difference you get back or need to pay. You can confirm this by printing your amendment and looking at the 1040X. Line 18 should be your original refund amount and line 21 should be your additional refund. If you paid on your original return it will be on line 16 (but don't include any penalty on 1040 line 38). If there is an amount owed with the amendment, it will be on line 20.

 

 

 

October 24, 2024

I want to file 2022 now online I’m not concerned not trying to post on this site . It keeps putting stuff here . I don’t need anymore advice from the public …Thanks. To All

DoninGA
Employee
October 24, 2024

@TammyHarris Well, if you want to file a 2022 tax return, you cannot complete and e-file the return online.

Using TurboTax you can only purchase, download and install one of the 2022 desktop editions on a personal computer, desktop or laptop, Windows or Mac from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/

 

A 2022 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.