Does IRS issue a larger tax stimulus payment after an amended return is filing increasing
the tax liability, if a larger tax stimulus is due ? My belief is that IRS will not and that we can claim the difference on the 2008 tax return. Has anyone seen anything indicating otherwise? My client received a $958 tax stimulus payment since that was their tax
liability. In April I prepared and they submitted an amended return which increased their
tax liability to $2688. It appears they are entitled to a rebate of $1200 or $242 more than
they received.
the tax liability, if a larger tax stimulus is due ? My belief is that IRS will not and that we can claim the difference on the 2008 tax return. Has anyone seen anything indicating otherwise? My client received a $958 tax stimulus payment since that was their tax
liability. In April I prepared and they submitted an amended return which increased their
tax liability to $2688. It appears they are entitled to a rebate of $1200 or $242 more than
they received.
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