I got my 1099 m after filing taxes

[Angela60]

• I just got my 1099- m and I already finished filing for taxes and my refund been accepted.  Do I need to amend my taxes or not? Because I got only 57.14 in royalties, and nothing else, nothing in federal income tax withheld. So do I need to amend my taxes or not, because this is the first time I've ever had a 1099 form.

[DianeW777]

Yes, is the short answer.  That amount of income could change the tax due or refund results because many steps on the tax table change by $50.

• You can choose to look at your taxable income on your return (line 15), then add $57 and review the tax in the IRS Tax Tables for 2024.  
• Compare the amount in the tax table with your tax on the return you filed, line 16.  If there is a difference you should amend your return.

If there is no difference you can keep the form in your file and have it ready should you need it later.

The amended form will be ready later in the year. By using the link, Tax Forms Availability, you can continue to check to see when it's ready. If you decide you do need to amend use the steps in the link below.

• How do I amend my federal tax return for this year?

Be sure to check your state rules as well.