Wrong Estimated Tax Payment Discovered After Return was E-Filed

Forum|Forum|2 years ago
February 29, 2024
1 reply
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I just E-Filed a federal return and discovered the 2nd quarter 2023 payment for $500 was not made, thus overstating the tax payments made on the return. The balance due on the original E-Filed return was $124 and is set to be debited from our bank account on April 8, 2024. Do I need to file an amended return or can we simply go to the IRS website and make a $500 payment? If so, payment under what category?

TurboTax Home & Biz Windows

Best answer by JohnB5677

First, you will not have to amend your tax return.

The IRS will quickly know that the payment wasn't made.
You have two alternatives.
- Do nothing, and the IRS will send you a tax notice and simply take $650 from your account.
- Or, you can make either the $500 or $650 payment online. Be sure it is for the 2023 tax year!

Please contact us again with any questions, and provide some additional details.

JohnB5677Answer

First, you will not have to amend your tax return.

The IRS will quickly know that the payment wasn't made.
You have two alternatives.
- Do nothing, and the IRS will send you a tax notice and simply take $650 from your account.
- Or, you can make either the $500 or $650 payment online. Be sure it is for the 2023 tax year!

Please contact us again with any questions, and provide some additional details.

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