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antzjos
New Member

Is there a minimum amount difference between the original and corrected 1099 to file an amendment? I have a difference of 29 cents in the corrected 1099. Please suggest.

 
2 Replies
macuser_22
Level 15

Is there a minimum amount difference between the original and corrected 1099 to file an amendment? I have a difference of 29 cents in the corrected 1099. Please suggest.

I would not amend for 29 cents.    The most that it could do would be $1 change in income that probably would have a zero tax change.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
antzjos
New Member

Is there a minimum amount difference between the original and corrected 1099 to file an amendment? I have a difference of 29 cents in the corrected 1099. Please suggest.

Thank you for the response. Appreciate it!

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