1040X Line 17 question


D

don.neumann

When I filed my taxes I was supposed to get a refund ($785), but the IRS adjusted and said I owed them $128. However, some mistakes were made so I am filing a 1040X and I am confused as what to put on line 17.

My transcript off the irs website says "refund amount -785.00", which is followed by these 2 lines:

BAL DUE/OVER PYMT USING TP FIG PER COMPUTER:..........................$-785.00
BAL DUE/OVER PYMT USING COMPUTER FIGURES:..............................$128.00

Any help would be greatly appreciated.
 
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D

D.F. Manno

When I filed my taxes I was supposed to get a refund ($785), but the IRS
adjusted and said I owed them $128. However, some mistakes were made so I am
filing a 1040X and I am confused as what to put on line 17.

My transcript off the irs website says "refund amount -785.00", which is
followed by these 2 lines:

BAL DUE/OVER PYMT USING TP FIG PER
COMPUTER:..........................$-785.00
BAL DUE/OVER PYMT USING COMPUTER
FIGURES:..............................$128.00

Any help would be greatly appreciated.
The line reads "Overpayment, if any, as shown on original return or as
previously adjusted by the IRS." The IRS adjusted your overpayment to a
balance due, so zero would go on line 17.

If you paid the claimed balance due, that amount goes on line 15.
 

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