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posted Mar 6, 2024 10:05:08 PM

Should I amend my taxes if I put I made 1500 but really I made 1800?

On my 1099NEC I put I made 1500 but I actually made 1800. The EIN number was also incorrect, should I amend my tax return?

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1 Replies
Employee Tax Expert
Mar 7, 2024 7:40:18 AM

Wait until your return is either accepted or rejected. If accepted, wait further until it is fully processed before amending. The IRS may correct on its own and send you a letter with the explanation and an amount due.

If your return is processed as is, then yes, you will need to amend