Corrected 1099B

Forum|Forum|2 years ago
March 18, 2024
1 reply
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I received a corrected 1099B and the short term realized gain and loss on the first form equals what is on the corrected form. For instance, on the first form, it said I had $295.42 in short term realized gains and then $-14.90 in short term realized losses, and on the corrected form it says my short-term realized gain is $280.52 (which is the difference of the above). I don't see any other differences. Is this something I will need to resubmit to the IRS?

Best answer by Bsch4477

If you have already had an accepted return I wouldn’t bother to amend since there’s no change in tax liability.

Bsch4477Answer

Employee

If you have already had an accepted return I wouldn’t bother to amend since there’s no change in tax liability.

jenlich1997Author

Thank you so much. Actually, I was looking at the wrong part of the statement. I went back and double checked and nothing is different at all on either form so I’m not sure why I got a corrected one. I appreciate your feedback. Thank you.