Must I file amend if the corrected 1099-DIV arrived after I filed tax return? It underestimated dividend by $21 and overestimated capital gain distribut by the same amt

april4mar · ‎March 17, 2023

Because of the amt is so small (i.e. $21), I assume I don't need to amend. Please advise.

AnnetteB6 · ‎March 17, 2023

You asked if you must file an amended return for such a small change. No, you do not have to file an amended return for such a small change because it is unlikely to affect your numbers in any significant manner. Just keep the corrected 1099-DIV in your records.

However, if you want to be certain that nothing changes in a significant manner, you could always create the amended return and simply not file it.

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AnnetteB6 · ‎March 17, 2023

You asked if you must file an amended return for such a small change. No, you do not have to file an amended return for such a small change because it is unlikely to affect your numbers in any significant manner. Just keep the corrected 1099-DIV in your records.

However, if you want to be certain that nothing changes in a significant manner, you could always create the amended return and simply not file it.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

april4mar · ‎March 17, 2023

Thank you so very much for your perfect answer. You just made my day. Have a wonderful weekend, Annette.

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Must I file amend if the corrected 1099-DIV arrived after I filed tax return? It underestimated dividend by $21 and overestimated capital gain distribut by the same amt