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Personal Finance (Not Investing) • Corrected 1099-DIV for 2024

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I just received a corrected 1099-DIV. Seems that some dividends were classified differently and the amount slightly changed. Difference in amount was only $23. Reclassified amount was $356 in total. So a total of 378 was reduced and reclassified.

I don't quite follow all the details, but it is for a single fund that I own. So, I assume that the IRS is getting the same information. Will they just update and make the changes or do I need to file an amended return?

Can I just do nothing and wait to hear from the IRS (and state)? Or do I need to take some action for this smaller amount. Does it matter if it is in my favor or in their favor?
just curious, was it a REIT fund?

Statistics: Posted by grok87 — Tue Mar 11, 2025 5:09 am — Replies 7 — Views 490



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