nickorvi
Returning Member

1099, do I have to file?

So I just noticed that I hadn't filed my 1090 for my 2020 tax returns. I only received a 1099 composite and 1099-DIV from Schwab. The only gains I made were:

 

Total Non-Qualified Dividends (Included in Box 1a):  $0.18

Total Qualified Dividends (Box 1b and included in Box 1a): $12.61

 

Also, I made below $40,000 that year.

 

Do I need to go through the process of amending my tax returns? Or am I OK to not file for that year?