TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 2

Question

I already filed and I got a 1099 INT from a savings account I made 49 in interest. I closed those bank accounts and forgot about it. Turbo Tax won’t let me amend ?

Forum|Forum|1 year ago
January 31, 2025
4 replies
31 views

No text available

Level 15

You cannot amend until your original return has been fully processed by the IRS. The form 1040X that you will need will not be available until late February.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Level 15

$49 OR...49 cents???

You don't amend for 49Cents, because that will round down to zero and not be used anyhow.

_____________________

Yeah, usually banks don't issue a 1099-INT for less than $10, but I've seen that a very few do so.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Jamilasue2004Author

Level 2

I should’ve put a unit, I meant 49 dollars. My apologies.

Level 15

Yes, you will need to amend, but do not amend until your original return has been fully processed to avoid unnecessary delays. 

You can amend using TurboTax Online. Do not use the Amend using TurboTax Online button. Instead do this:

How to amend my return?

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"