uswede
New Member

Recvd a corrected 1099B with updated cost basis amount that I had added to return without the 1099B. Do I still need to send in an amended return?

Stock was bought in 2004 and went through reorganization since with a change in the amount of shares.  My account number also changed a couple of times since.  This all left the cost basis blank on initial 1099B.  I added it from confirmation info.  Since then I have received a corrected 1099B.  Do I need to amend tax filing although the result would end up the same but to show IRS I did not ignore the corrected 1099B?

After you file

No, do not send in an amended return unless the dollar amounts have changed.

Keep the corrected 1099-B with this year's records.

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