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Level 2
posted Mar 24, 2021 10:07:15 AM

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.

0 2 338
2 Replies
Level 15
Mar 24, 2021 10:10:14 AM

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.

Level 2
Mar 24, 2021 11:55:53 AM

Thank you for the response. Appreciate it!