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Different expert here.
Q: Should I file an amended return now by paper or should I wait until I receive my refund check and then file for an additional refund using the information from the 1098-T form?
A: As you recently filed your return, my suggestion would be to wait until your return has been processed before sending in an amended return, which is the Form 1040X
. I suggest that you wait because if the IRS has 2 returns for you at the same time, this may confuse things for them, and delay the processing of your initial return.
Link to Form 1040X/instructions:
Q: Also, as a New York resident, what do I have to do regarding my NYS return?
A: As you are amending your federal return, I suggest amending the state return as well, as there may be an increase in your state refund as well. Again, wait until they have processed your return before sending in an amended return.
Link to New York state amended tax return
Please let me know if I can be of further assistance to you regarding this matter.
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