I forgot to include a 1099-S on my taxes this year, I’ve already received my refund.....do I have to file a 1040-x to amend my return even though I am exempt?
Answered by Melissa Pedigo, CPA ·
Yes, you should file a Form 1040-x to amend your return. If you don't amend your return, it is likely that the IRS will treat all of the sales price as gain. You could resolve it at that time, but it is generally just as easy to file a Form 1040-x.
