jtax
Level 10

Business & farm

First thing to understand is that there appears to be no obligation to file an amended return. Certainly not if there was an unintentional mistake. See, e.g. https://www.keimtaxlaw.com/do-you-have-a-legal-obligation-to-file-an-amended-income-tax-return

 

It is isn't a big difference you could just leave it alone. If the change would result in more tax owed and it's not trivial then you should consider filing an amended return to reduce the risk that the IRS will catch you and you'll pay interest and maybe penalties.  However you do not have to. So if the different doesn't result in more tax owed and it is in an area the IRS is unlikely to notice you might not bother. The IRS is most likely to notice income that appears in an information return (1099, K-1, etc.) that is omitted from the recipitant's return.

 

Note this is different from playing the "audit lottery." That means taking a position on a return that does not have a good enough legal reason and hoping the IRS won't catch you. That is not permitted.

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