BrittanyS
Expert Alumni

After you file

Yes, if your expenses exceed your distributions on your 1099-Q, your return will not be affected, and there is no need to amend it.  

 

As DavidD66 stated, your return will only be affected when your distributions exceed your expenses.  At this point, you would need to report some of the earnings as income.  

 

For more information, see the link below:

 

Guide to Form 1099-Q

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