I incorrectly listed my Grandchild's relationship to me as Grandparent. Will this affect my return? Do I need to amend? Will I receive less or more on my return?

[MelaineC · Accepted solution]

You do not have to amend for misstatements.  In the event the IRS needs more information or clarification, they will contact you before making any changes to your return.  The IRS only requires that taxpayers amend as follows; 

If you need to correct your filing status, the number of dependents, total income, tax deductions or tax credits. The instructions for Form 1040X, Amended U.S. Individual Income Tax Return, list additional reasons to amend a return.

For more information as to when to amend a return, please see the IRS information at When to amend a tax return