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posted Jun 4, 2019 3:08:09 PM

Should I amend my taxes because I received a 1099-B for $8.08 (Box 1e) after I filed taxes. I have recieved the refund.

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1 Best answer
Expert Alumni
Jun 4, 2019 3:08:11 PM

I would not file an amended return for a 1099-B with an $8 transaction.  The IRS will also receive that information.  If it increases your taxable income and results in any additional tax due ($2 maybe, if you're in 22% tax bracket) they will send you a letter and you can mail them a $2 check. 

1 Replies
Expert Alumni
Jun 4, 2019 3:08:11 PM

I would not file an amended return for a 1099-B with an $8 transaction.  The IRS will also receive that information.  If it increases your taxable income and results in any additional tax due ($2 maybe, if you're in 22% tax bracket) they will send you a letter and you can mail them a $2 check.