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ComputerGranny
Returning Member

480.6c form received for investment account

I just received a form 480.6C for "Other payments not subject to withholding" on a Morgan Stanley IRA account.  I have never received one before and have no idea what it is for.  I assume it represents some kind of income.  It is for $.84.  I have already filed my tax return for 2023.  It seems I will have to file an amended return to include this "income", however, I cannot find any place in the income section that speaks to this form.  I have searched all the forms in TurboTax desktop and do not find it in any of the forms. 

 

2 questions.  Do I have to file an amended return for 84 cents?  And, if so, what kind of income do I call it? 

 

I have searched my Morgan Stanley statements for this amount of money, but it does not appear as a single transaction, so I can't tell what it is for.

 

Thanks in advance for your help.

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1 Reply
BillM223
Expert Alumni

480.6c form received for investment account

It sounds like you don't have to worry about this. See Minh's answer here.

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