What is the name of your state? Indiana
I was an international student at an Indiana school. I mistakenly filed my federal returns using turbotax which filed my returns online using a 1040A form. This form also included the "American Opportunity Credit" of 1000 USD. As these tax forms were accepted in 2016, I thought of this to be appropriate and filed the same way in 2017. But in 2018, I discovered it was all wrong and I wrongfully got the AOC. Here is what I am doing to fix it:
1. Correctly preparing a 1040NR-EZ for both years.
2. Gathering W2s and tax forms for both years.
3. Preparing 1040X for both years to be attached with the 1040NR-EZs.
My question is: How should I refund the IRS this money? How do I calculate penalty? Should I send this cheque or money order with the amended tax forms?
Thanks!
I was an international student at an Indiana school. I mistakenly filed my federal returns using turbotax which filed my returns online using a 1040A form. This form also included the "American Opportunity Credit" of 1000 USD. As these tax forms were accepted in 2016, I thought of this to be appropriate and filed the same way in 2017. But in 2018, I discovered it was all wrong and I wrongfully got the AOC. Here is what I am doing to fix it:
1. Correctly preparing a 1040NR-EZ for both years.
2. Gathering W2s and tax forms for both years.
3. Preparing 1040X for both years to be attached with the 1040NR-EZs.
My question is: How should I refund the IRS this money? How do I calculate penalty? Should I send this cheque or money order with the amended tax forms?
Thanks!