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After you file
I recently received a corrected 1099 (already received my refund from the IRS) .
First 1099 had 1,800.63 for Interest Income and $2,145.80 for Other Income (1099-MISC)
Corrected 1099 now shows $0.63 for Interest Income and $3,945.80 for Other Income (1099-MISC)
Long story short, they moved $1,800 from Interest Income to Other Income
The other income is NOT work related so in theory since neither amount had taxes taken out my tax situation will not change. So I still need to notify the IRS about the changes, even though it makes no difference tax wise?
Thanks!
‎April 22, 2022
8:52 AM