Hello,
In early-February 2022, I submitted my original tax return with TurboTax Online w/Premier. The return was approved by the IRS, and I have already received a refund for my federal taxes. The state taxes (Colorado) have been accepted, but no other progress thus far.
5 days after filing my return, I received a new 1099-DIV form. This was the first time I ever received this form and was a bit frustrated due to the timeline and amounts. Anyways, here are the important figures.
[] FATCA Filing Requirement (Unchecked)
1a- Total ordinary dividends - $2.25
1b- Qualified dividends - $1.85
2a- Total capital gains distributions - $0.00
5- Section 199A dividends - $0.06
7- Foreign tax paid: $0.05
Total Foreign tax withheld: -0.05
My question is this: Do I need to file an amended return for Colorado? There isn't any state-specific information on this form and TurboTax Online did ask about this. It seems a bit silly to have to file an amended return for $0.05. I'm still very likely to submit an amended federal return but thought I would make sure first as it seems unnecessary for one state.
Any help, assistance, or further guidance would be greatly appreciated!
