Yes, you'll need to amend your tax return for the form1099-B $43 net losses not reported on your income tax return.
- For additional information, see Do I need to amend? The IRS gets the 1099-B form from your financial institution and will be looking for it on your income tax return. If they don't see it, you most likely will get a letter from the IRS.
The amended form 1040-X has not been finalized. Our goal is to provide you with the most accurate information possible. As part of this process, we communicate often with the taxing agencies.
Note: You may also need to amend your state income tax return if you live in a state that has an income tax return. See I need to amend my state return.
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