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re: Amended Tax Return
Posted on 2/12/13 at 11:39 pm to pakowitz
Posted on 2/12/13 at 11:39 pm to pakowitz
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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