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langc
New Member

Forgot to add the $1.43 dividend I got in my Robinhood account from my P&G stock. I just filed my taxes this afternoon. I didn’t owe, I gotmoney back. Do I need to refile

I just filed my taxes this afternoon. I was speaking with my sister and realized I made $1.43 on my P&G stock last year. I also purchased other stock, but didn’t make anything until this year. I forgot to report this in my taxes. I didn’t get a 1099 form from Robinhood since I made less than $10. I actually didn’t owe any money, since I just started a full time job last June. I got money back. Will I get audited if I don’t refile?? 

P.S. I didn’t take any money earned out of the Robinhood account. (It hasn’t gone back to my banking accounts). I also made more money in dividends and selling stock, but that was in the beginning of 2019. Do I need to include that as well??

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3 Replies

Forgot to add the $1.43 dividend I got in my Robinhood account from my P&G stock. I just filed my taxes this afternoon. I didn’t owe, I gotmoney back. Do I need to refile

don't file an amended return for an amount of $1.43. your tax would not change.

langc
New Member

Forgot to add the $1.43 dividend I got in my Robinhood account from my P&G stock. I just filed my taxes this afternoon. I didn’t owe, I gotmoney back. Do I need to refile

I’m not worried about the amount, I just want to make sure I’m not audited.

Forgot to add the $1.43 dividend I got in my Robinhood account from my P&G stock. I just filed my taxes this afternoon. I didn’t owe, I gotmoney back. Do I need to refile

If you amend for $1.43 and your tax does not change, that's just busy work for the IRS.
You may get them ticked off, and then they will audit you.
Amending increases your risk not decreases it.

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