Okay... my son and I got corrected 1099-div. The Federal amended returns were easy, but the NY are a mess.
Mine-H&R Block filled in the new amount due where the old amount due was supposed to be. As a result, it showed I owed no tax. I didn't notice that until I efiled. Do I file a SECOND amended return, or just let NY correct my error? It is $28.
My Son's-He now owes NY $1. But, his original return had a penalty of $59. The amended return form does not take penalties into consideration; at least not as far as I can see. So it calculates how much he owes without a penalty, compares it to the original return, and wants to refund him $58. That obviously is wrong, but I just can't see how to get the $59 penalty onto the amended return to make him owe $1. Hopefully someone can show me how this is done properly, or I will have to not amend it and rely on NY to bill him $1.
Thanks. Yeah,next year I will wait until April to file.