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July 6, 2020
Question

Forgot to file 1099 interest income, but it does not change my refund or amount due. Do I need to amend?

  • July 6, 2020
  • 1 reply
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After I take the interest income from the 1099 into account, it does not alter my refund or amount due. In this case, do I need to amend my return?It has not sent me any notification about the interest income, and the IRS has already accepted and processed my income tax return. 

    1 reply

    CatinaT1
    July 6, 2020

    I would not amend.  If the IRS contacts you at some point, you can show that the additional income does not change your tax situation.

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