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Level 1

Question

1099 INT

Forum|Forum|4 years ago
February 1, 2022
1 reply
6 views

I entered the wrong amount on a 1099 INT, I found out after sending it. I finally received the form from my bank, and it is about $11.00 higher. Should I fix the error and resend?

Amend

Level 15

For that little a change I would let the IRS adjust your return.

Level 2

I was off by .28 cents. I just received my 1099-INT from my bank, (after I already filed), and it included mortgage escrow where my Jan bank statement did not. Miniscule amount, I know, but try to be exact.

Anyhow, you state the IRS will adjust my return. If they do adjust, will I get a notification of this?

Level 15

28 cents won’t change your return.