New (tax) year, new help!
Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.
Question
Why isn't interest on the amended return calculating?
Answer
The tax application does not calculate any interest due on amended returns. Per Form 1040X instructions, the IRS will calculate any penalties and/or interest due, and send the taxpayer a bill.
Related topic: 1040X - Amended return FAQs
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