Reply To: I received 1099-DIV’s from two payers for the same investment

Home Fairmark Forum Taxation of Investments I received 1099-DIV’s from two payers for the same investment Reply To: I received 1099-DIV’s from two payers for the same investment

#19792
starfish11040
Participant

I think that the IRS computer will flag the one with negative numbers because it’s different than the 1099 that it received. Also I don’t know how to write an explanation on an electronically summited return. I probably would get a notice some time down the line and would have to then deal with it. Of course I want to avoid that.

I just thought of a simpler solution, if its possible: If it’s resolved that my broker’s 1099 is incorrect, do you think that they would be willing to send the IRS an amended 1099 with all zero income?