I already filed my taxes, but we just recieved a form 1098 in the mail from the timeshare we own. Do i need to ammend my return? Will this effect my refund?

[AlanT · Accepted solution]

Unless you itemized your deductions, this additional 1098 will not affect your return.  

If you used the Standard Deduction, you do not have to file an amended return, the additional interest will not affect your return.    

If you itemized, add the additional mortgage interest to see if it will make a substantial difference to your return.  If you feel that the difference is worth filing an amended return, follow the instructions from the FAQ below.  Note, the FAQ does not have instructions for filing an amended return for 2018.  When it is available, the FAQ will update and provide the instructions.   

 https://ttlc.intuit.com/replies/3288565           

[zenajerry2013]

Thank you so much! We did a standard return so I'm good, I was really worried lol.