denmatdebit
Level 1
06-01-2021
01:45 PM
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Form 1040 X. If client has not yet received refund and now refund is lower due to withhoding adjustment do I report original refund not received on Form 1040X ? If I do it appears the taxpayer has a balance due and not a smaller refund
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George4Tacks
Level 15
06-01-2021
03:05 PM
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Yes, they have a balance due. They can wait for the refund to show up, but the interest due on the balance due will increase.
Answers are easy. Questions are hard!