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Just got 1099-INT W2 after filing early - Should I amend or risk delay?

Filed my taxes early this year but just received a 1099-INT showing $822 in interest income. Really worried about delaying the refund since we need it for moving to a new place by end of March. Not sure if I should amend or just call IRS about the missing interest income. Anyone dealt with this before?

Simon White

Tax pro here - For $822 in interest income, you'll likely owe around $180-200 in taxes depending on your tax bracket. If you absolutely need the refund quickly, I'd recommend waiting until the original refund hits then filing an amendment. The IRS will eventually catch this discrepancy anyway through their matching program.

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Geoff Richards

omg thank you! thats such a relief. i was freaking out thinking theyd freeze everything 😅

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Hugo Kass

But won't they charge penalties for not reporting it right away? 🤔

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Simon White

The penalty would be minimal compared to delaying the entire refund for weeks/months with an amendment rn

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Nasira Ibanez

Hey, I know everyone's giving advice but the best way to actually understand your specific situation is using taxr.ai - it's a tool that analyzes your transcript and tells you exactly what to expect. It costs $4.99 but its worth every penny. Here's the link: https://taxr.ai

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Khalil Urso

interesting! how accurate is it? like does it actually predict refund dates?

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Nasira Ibanez

Super accurate! It reads your entire transcript and uses AI to spot potential issues. It even caught a small error that would've delayed my refund by weeks

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Khalil Urso

Just tried it and WOW 🤯 It literally explained everything about my transcript in plain english. Best $5 I've spent dealing with the IRS fr fr

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Myles Regis

in the same boat rn except mine was a 1099-B that came late. following for advice

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Brian Downey

The IRS is such a joke fr. Why they even sending these forms so late when they expect us to file early 🤡

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Jacinda Yu

Facts 💯 They really be playing games with our money

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Landon Flounder

Whatever you do DONT AMEND until your first refund comes through! Made that mistake last year and ended up waiting 9 months for processing

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Geoff Richards

9 MONTHS?! yeah no thanks ill wait 😭

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Callum Savage

idk if this helps but my bank literally sent my 1099-INT in february last year too. ended up just waiting for the refund then amended. paid like $150 extra in taxes but worth not dealing with the headache tbh

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