If I have a 1099r that I just received and my a taxes are already done what do I do

brad4145 · ‎June 4, 2019

My 1099r is $2.50 and 0 on everything else

IsabellaG · ‎June 4, 2019

If all that shows on your 1099-r is a distribution of $2.50, there's no need to amend your return. The tax effect of such a small amount would be negligible, and more likely zero. Just hold on to your document with your other tax records, and make a note of the situation.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

IsabellaG · ‎June 4, 2019

If all that shows on your 1099-r is a distribution of $2.50, there's no need to amend your return. The tax effect of such a small amount would be negligible, and more likely zero. Just hold on to your document with your other tax records, and make a note of the situation.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

If I have a 1099r that I just received and my a taxes are already done what do I do