Request IRS refund of excess payment made

Forum|Forum|4 years ago
May 31, 2022
1 reply
0 views

I missed to add $10K of extra payment I made while filing an extension to IRS on May 17 2021. I see the payment record in IRS myaccount. Can I call IRS to request a refund or do I need to amend the return ? This is for FY 2020. What is the best way to handle this.
Thanks

TurboTax Live Premier Online

M

Mike9241

if you have an overpayment, the IRS should automatically refund any overpayment. if you specified an amount was to be applied to 2021 then that amount should be applied with the excess refunded. however, no refund will be made until the IRS gets and processes the return.

K

kevin_ny_2003Author

Employee

IRS already processed the return and refunded only $500 back in Nov 2021. I am still short of $10K . They missed to calculate it . The TT return showed I owe $1000 on oct 15 2021. I sent a check of 1500 with the submission as well . They sent only 500 back they should have sent 10500.

It’s almost impossible to get a live agent on 800 number .

Thanks

S

SweetieJean

Employee

Your numbers do not make sense. If TT showed that you OWED $1,000 in taxes an d paid $1,500, why do you think you are supposed to get $10,000 back?

Are you perhaps thinking of the 2020 $10,200 Unemployment Comp deduction? That is a subtraction from income, before the taxes are calculated. It is not a tax credit (subtraction from taxes due), nor a refund.