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re: Amended Tax Return

Posted on 2/12/13 at 11:39 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 2/12/13 at 11:39 pm to
You do not need to amend your return. The IRS matches amounts on returns to information it receives. It does not have the capability to track sources for matching. As an example, if you own stock in a brokerage account you might receive $50 of dividends from ABC Corp and $100 of dividends from WXZ Corp. The IRS will look for $150 of dividend income on your return, and if it is there they are satisfied.
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