While preparing my taxes with TurboTax online this year I noticed that i forgot to enter income from a 1099-misc for a rental property last year. I went ahead and followed the instructions to fill out an amended return and see that the amount of payment (i had to pay last year) did not change. The only forms that changed were my schedule E and my Form 8582. Since I did not include the income, i showed a loss of $16,128 on the original return. Now when i add the income from the 1099-misc. i still have a loss but it is only $188. I guess since i STILL have a loss, I do not have to pay any more money or receive a refund. Should i STILL send in my amended return?
posted
last updated
May 31, 2019
11:30 PM