Sunday, March 8, 2020

Corrected Brokerage Statement 1099's

It is always fun to get a corrected 1099 after your tax return has been sent in. For 2019 the IRS is no longer requiring financial institutions to send amended 1099's if the change is  $100 or less in any box on the form. This should cut down on the number of amended 1099's considerably.

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