Corrected 1099

BillnSuz — Tue, 17 Mar 2020 00:41:14 GMT

My financial institution just sent me a corrected Consolidated 1099. I have already submitted my return electronically and already received my refund. Can I have TurboTax read in this new data from my financial institution? Will it overwrite the data from the original 1099?

Re: Corrected 1099

robtm — Tue, 17 Mar 2020 02:34:33 GMT

You will need to file an amended return since you received a corrected tax form after filing (the "corrected" box is checked) and the new info changes your refund or tax due amount. see the following link on how to amend your return:

https://ttlc.intuit.com/community/amending/help/how-to-amend-change-or-correct-a-return-you-already-filed/00/25588

topic Corrected 1099 in After you file

Corrected 1099

Re: Corrected 1099