topic Corrected 1099R in Retirement tax questions

Corrected 1099R

ravenhillnc — Wed, 18 Mar 2020 04:29:46 GMT

I filed federal and state tax returns a month ago but just got a 'Corrected" 1099R. The only change is that the original 1099R had a box checked that said "Total distribution" and the corrected form does not have this box checked. The 2019 distribution was only part of the account so I think the corrected form is right. I hadn't noticed this when I filed. Do I need to change my return or do anything about this?

Re: Corrected 1099R

HelenC12 — Wed, 18 Mar 2020 13:11:40 GMT

Yes. If you received a corrected tax form after filing (the "corrected" box is checked) and the new info changes your refund or tax due amount, you'll need to amend your income tax return.

No. If it doesn't change your refund or tax due, you don't have to do anything. Just keep it with your 2019 tax records.

Additional information: Do I need to amend?