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posted May 22, 2021 1:42:33 PM

Corrected Form 1099

I received a corrected form 1099-Dividends and Distributions from my broker.  The total ordinary dividends for one of my investments changed and the dividends moved to non-dividend distributions.  The total amount is the same.  Do I have to file an amended return?

 

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Level 15
May 22, 2021 2:02:33 PM

While ordinary dividends are taxed, non dividend distributions are not. So the decision to amend would depend on how much your tax liability would change.