Have a Tax Question? Ask a Tax Expert
Thank you for your question. Your original refund will come to you just as you have filed your original return. When you file your amended return, you need to send payment of your balance due if you owe them money.
If you are getting a refund with the amended return, that will be sent separate from your original filed refund.
As long as you pay your balance due by April 15, 2013, you will not incurr any penalties or interest.
If you need further clarification, please let me know. I look forward to your response. Stephanie
They will send you a notice but it may take them a while to send it. It may be after the due date of the return, which would result in penalties and interest. It is best if you send the payment with the amended return. If your calculations are not correct, let them send you notice then but at least you would have paid what you think is correct.
Alright, thanks so much! I can breathe a little easier. This doesn't seem as much of a hassle as I first thought! Simple enough!
Good. I am glad to hear that! You are very welcome. I look forward to working with you again in the future.