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garage7
New Member

received 1099 R late

Hi I filed with Turbo Tax and already got my refund.  Then I received a 1099 R later which is zero taxable income so will not change my refund, but do I need to file a corrected return?  Turbo tax let me go in and add it even tho I already filed  and I feel like it got accepted.  

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1 Reply
ThomasM125
Employee Tax Expert

received 1099 R late

It's is possible you don't need to file the amended return if your tax did not change.  That would likely be the case if the code in box 7 indicated that the distribution was not taxable. I mention likely, as it is possible the IRS may question the treatment of the income listed in box 1 even if the code in box 7 indicates it is not taxable.

 

If you filed the amended return by mistake, it should not pose a problem since it lists no additional tax due. 

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