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Level 1
Feb 20, 2021 6:41 PM UTC
Solved

Incorrect capital gains amount.

I sold some stick last year for the first time and had short term capital gains of 10.81 which was reported to IRS by E*TRADE. When I filed without the 1099, I only put down put down $10.00. I already received my refund for my 2020 taxes. Do I need to amend my return to add the 0.81 cents difference? Will IRS send me a letter of correction or to tell me to correct my return?

Mike9241
Mike9241Answer
Level 15
Feb 20, 2021 10:19 PM UTC

the IRS will not bother you because of the almost $1 differnce. 

Mike9241

1 reply

Mike9241
Level 15
Mike9241Level 15Answer
Level 15
Feb 20, 2021 10:19 PM UTC

the IRS will not bother you because of the almost $1 differnce. 

Mike9241