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New Member
posted Jun 4, 2019 1:12:00 PM

Hi, I already filed my taxes with TurboTax. I recieved a dividend from my company for stocks about 23 dollars and tax form . Should i amend my taxes?

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1 Best answer
Level 15
Jun 4, 2019 1:12:02 PM

Technically it is income that is taxable and should be reported.

The amount is very small and tax impact is minimal as qualified dividends are taxed at lower rate, so tax maybe $0 or $2 or $4.

Hold it to see if you get anything else, and then add this if you have to amend for any other reason. 

Or if you really want to, you can amend after the original return has been processed. 

2 Replies
Level 15
Jun 4, 2019 1:12:02 PM

Technically it is income that is taxable and should be reported.

The amount is very small and tax impact is minimal as qualified dividends are taxed at lower rate, so tax maybe $0 or $2 or $4.

Hold it to see if you get anything else, and then add this if you have to amend for any other reason. 

Or if you really want to, you can amend after the original return has been processed. 

Level 2
Apr 15, 2022 8:29:36 PM

I have the same problem . I got $143 dividend and want to use Turbo tax2021 to amend my tax. I just can not find a way to do it . There is no way to amend 1099-DID . May you help me to solve the problem?