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Diane1204ar
Returning Member

1099b

Hello I've already filed and forgot to add a 1099b on my return the proceeds were for 25 dollars. Do I have to amend my return?

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1 Reply
JohnW152
Expert Alumni

1099b

Under the law, you need to amend your return to include this income, even though it's a small amount.

According to IRS Topic No. 308 Amended Returns

If you discover an error after filing your return, you may need to amend your return…. file an amended return if there's a change in your filing status, income, deductions, credits or tax liability.

Please see the TurboTax Help article How to amend (change or correct) a return you already filed for instruction on how to amend your previously-filed tax return.  Wait until you receive your refund to amend. If you owe, you can amend e-filed returns if they've been accepted and paper-filed returns after they've been mailed.

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