Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Feb 20, 2021 10:41:36 AM

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?

0 1 358
1 Best answer
Level 15
Feb 20, 2021 2:19:24 PM

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

1 Replies
Level 15
Feb 20, 2021 2:19:24 PM

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