Amend taxes for $60??

Discussion in 'Budget Board' started by paysensmom, Jan 26, 2012.

  1. paysensmom

    paysensmom DIS Veteran

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    I forgot to add something on our taxes. I figured this information in and we would get an extra $60 back. Should I wait until we get the money or send amendment now?
     
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  3. swilshire

    swilshire DIS Veteran

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    I would definitely do it and no reason to wait. I filed an amendment last year because I thought something was taxable and then realized that it wasn't. It only gained me $52, but every little bit helps and it was MY money. :banana:

    Sheila
     
  4. Green Tea

    Green Tea <font color=green>I don't do hatchets<br><font col

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    I seem to remember I had to wait until the taxes were processed before I could send in the 1040X form.
     
  5. Cheshire Figment

    Cheshire Figment <font color=red><marquee behavior=alternate>Friend

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    I would always suggest to clients that they wait until they are sure their original return is processed before sending in a 1040-X. This means waiting until a refund is received or until their check payment has been processed by their bank.

    If the 1040-X is sent in quickly, it can confuse things trying to process an amendment before the original is processed.
     
  6. PatMcDuck

    PatMcDuck DIS Veteran

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    You have to wait, I had this happen once too.

    At least according to Turbo Tax, I had to wait.
     
  7. bjscheel

    bjscheel (Avatar art by my daughter)

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    Yes, do wait until the first refund is received!
     
  8. paysensmom

    paysensmom DIS Veteran

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    Ok, thank you all. I thought I should wait! :cutie:
     

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