turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

msilver1
New Member

I received a corrected Composite 1099. What is the best way to input the new information?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

I received a corrected Composite 1099. What is the best way to input the new information?

first, look over the revised 1099 to see what changed. some changes will not affect your taxes others will have minimal effect. in the latter case, it's at your description as to whether or not to amend.  if you conclude you need or want to report the changes you would need to start an amended return. then there should be an option to remove the old imported data and import the revised amounts.   

robtm
Level 10

I received a corrected Composite 1099. What is the best way to input the new information?

The easiest way would be to import your data from the brokerage. If this doesn't work. then you can enter the data manually.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question