PattiF
Expert Alumni

After you file

Did you file your return already?

 

If you have already filed, and there are sizeable changes on the corrected Form 1099-B, then you will have to file an amended return. Compare the two forms and see what entries have changed in the corrected version. The new information will have a "C" besides what is corrected. If the differences aren't very big and they often are minor amounts, then there may not be a change in your tax liability.

 

Here are the  2020 IRS Tax Table. You can check if your tax liability will change with the new amounts.

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