Do I need to file amended return for $1?

Question

I received a tax form showing an excess deferral for 2022.  The net result would be an increase of $1 to AGI and taxable income with nothing additional owed either federal or state.  Do I need to file an amended return for $1?

RBorch · Answer

The IRS has a great interactive tool that can help you determine if you need to file an amended return.

https://www.irs.gov/help/ita/should-i-file-an-amended-return

JMSSGV · Answer

No.