Home financial budget money news personal finance personal finance news Went ahead and filed tax return because betterment advised no 1099-div if dividends under $10 (they were). Just had 1099-div sent... Do I really need to file an amended return for a $2 dividend (and $0.10 foreign tax paid)?

Went ahead and filed tax return because betterment advised no 1099-div if dividends under $10 (they were). Just had 1099-div sent... Do I really need to file an amended return for a $2 dividend (and $0.10 foreign tax paid)?

Mr Cheaply On 9:54 AM

Filed tax return yesterday, and it was accepted by IRS.

Today I get an email from betterment stating I had a 1099-div delivered. Strange, as I'd checked previously and they advised they didn't send 1099-divs if divs were under $10. But apparently there was a $0.10 foreign tax paid, which triggers a 1099-div automatically.

Do I absolutely need to file an amended return for this? Having never filed an amended return it's a bit daunting, but I don't want to cause more headache later by triggering an audit over $2.10...

Submitted February 14, 2019 at 10:06AM by Throwitaway-R http://bit.ly/2TOJlQN

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Went ahead and filed tax return because betterment advised no 1099-div if dividends under $10 (they were). Just had 1099-div sent... Do I really need to file an amended return for a $2 dividend (and $0.10 foreign tax paid)?

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Went ahead and filed tax return because betterment advised no 1099-div if dividends under $10 (they were). Just had 1099-div sent... Do I really need to file an amended return for a $2 dividend (and $0.10 foreign tax paid)?

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