I received an updated 1099-DIV from my broker and I have already filed my 2020 taxes. The new 1099-DIV didn't change the tax situation (amount we owe) it just reallocated where some of the money went. It allocated a portion of the qualified dividends total to Unrecap Sec 1250 gain and to Section 199A Dividends. The total dividends are still the same and we do not owe any more. Do I need to Amend my 2020 return to include this updated 1099-DIV?
Thanks
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If your tax liability is not changed you don’t have to amend.
If your tax liability is not changed you don’t have to amend.
Thanks Bsch4477!
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