- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Do I need to file an amend if I accidentally left out a 1099-Q form?
My dad just informed me that I have to claim the 1099-Q. I already submitted my return and it was accepted. Should I be worried about leaving this information out?
Topics:
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Do I need to file an amend if I accidentally left out a 1099-Q form?
Yes, if the distribution is taxable, you'll need to file an amended return and claim that income.
In TurboTax, your parents (if they claim you) enter the 1099-Q and 1098-T into their TurboTax program. The program makes the calculations. If any of the distribution is taxable, the person listed on the 1099-Q claims that income. If you were issued the 1099-Q, you claim the income. The TurboTax program tells THEM how much YOU need to claim.
How do I enter Form 1098-T?
https://ttlc.intuit.com/replies/4194409
How do I enter Form 1099-Q?
https://ttlc.intuit.com/replies/5113308
https://ttlc.intuit.com/replies/3288565