https://ttlc.intuit.com/community/after-you-file/discussion/amend-return/01/1255280#M289842 <P>After I filed and my return was accepted, I got a late 1099-B. It broke down some of the proceeds into short and long term proceeds. When I go back to turbo tax and enter the detailed info, it very closely matches the numbers I had calculated for my basis. And after entering all the data and re-running my return, it comes up to a net of ZERO due. Should I even bother filing the amended return? (Total proceeds are less than $500)</P> Sun, 01 Mar 2020 23:06:24 GMT kyblue 2020-03-01T23:06:24Z https://ttlc.intuit.com/community/after-you-file/discussion/amend-return/01/1255280#M289842 <P>After I filed and my return was accepted, I got a late 1099-B. It broke down some of the proceeds into short and long term proceeds. When I go back to turbo tax and enter the detailed info, it very closely matches the numbers I had calculated for my basis. And after entering all the data and re-running my return, it comes up to a net of ZERO due. Should I even bother filing the amended return? (Total proceeds are less than $500)</P> Sun, 01 Mar 2020 23:06:24 GMT https://ttlc.intuit.com/community/after-you-file/discussion/amend-return/01/1255280#M289842 kyblue 2020-03-01T23:06:24Z https://ttlc.intuit.com/community/after-you-file/discussion/re-amend-return/01/1255325#M289857 <P>Yes, unfortunately, if the IRS computer finds the underreported income, it will only look at gross proceeds and include each transaction with a gain and ignore any individual loss transactions or unreported basis.&nbsp; It is best to amend now and not have to deal with it later.</P> Sun, 01 Mar 2020 23:22:58 GMT https://ttlc.intuit.com/community/after-you-file/discussion/re-amend-return/01/1255325#M289857 MaryK4 2020-03-01T23:22:58Z