Mistake on 2007 taxes file amended now due refund?

Question

Hi, Thanks in advance - I made an error on TurboTax and clicked 'submit' when I didn't mean to - my return had my w-2 listed twice! I am filing an amended 1040x ans wondering - since the first filing said I owed the Gov. 19,000(!) and my new filing will be a refund of 3,500. - how long will it take, and any idea how it will effect my rebate check in June? Also, do I file both a new 1040 and a 1040x, or just the 1040x? Thanks!!

Answer 1

Just file the Form 1040-X. Do NOT attach copies of Form 1040! The ONLY attachments needed are any new forms or schedules or CHANGED schedules other than the original Form 1040.

Answer 2

It may take a little longer at this time of year, since the IRS is processing so many 1040s. You should still file it ASAP, though, so they don't come after you for that $19,000.



You will only need to file a 1040X. However, you're supposed to attach "before" and "after" copies of the 1040 marked "As previously filed" and "As amended" respectively. Make sure to mark each page well, so they don't go and file your return a second time.



This shouldn't have any major impact on your tax rebate.



Hope this helps.

Answer 3

Assuming that the 1040X refund is correct, it will take about 6-8 weeks. When you send in your 1040X, attach a copy of the 1040 (original). It should not affect your tax stimulus check.

Answer 4

you amended your return as quickly as and in recalculating you come across there's no exchange to the tax criminal duty or refund as a reaction to the information after which you paid the alleged underpayment, i could deliver your calculations and information of the 'foundation' of your ESPP and that the underpayment became into in errors and request a reimbursement of the further monies the only element that would exchange in a sparkling 1040X may be the quantity of money you had paid in, leaving the overpayment as a reimbursement due, and the reason of determining your 'foundation' the comparable i think of you will get a swifter reaction in replying to the information you r'cd than a 1040X sure, once you're making any variations to Fed, which will impression the state, via all ability notify them the two