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Is it really worth filing an amended return for this measly amount? Wouldn't it just get rounded down to 0 anyways?

2007-02-21 22:58:28 · 6 answers · asked by dr_tom_cruise_md 3 in Business & Finance Taxes United States

Yes, it was that stupid sharebuilder account. Signed up to get the $50 bonus, but to close the account, it costs $25, so I left $1 in there.

2007-02-21 23:03:38 · update #1

6 answers

Since you round amounts on the tax forms to the nearest dollar, that would round down to $0, so there's no need to worry.

2007-02-21 23:01:06 · answer #1 · answered by Bostonian In MO 7 · 10 0

Its not worth the effort to file an amended return.

2007-02-22 00:01:41 · answer #2 · answered by Steve 6 · 1 2

If it is less than $10.00 I ignore those, unless the client things they are going to get in trouble and absolutely insist on entering it.

2007-02-21 23:45:18 · answer #3 · answered by perleo 3 · 1 2

What Bostonian said.




good luck & bless

2007-02-22 02:01:45 · answer #4 · answered by Wood Smoke ~ Free2Bme! 6 · 0 0

I thought you were allowed up to $50 in dividends/interest income before you had to fill that box in on the tax form.

2007-02-21 23:06:55 · answer #5 · answered by Anonymous · 0 5

Dont sweat it.. its not that much.. I dont think they would even count it anyway

2007-02-21 23:03:01 · answer #6 · answered by Anonymous · 0 2

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