Filing amended return ? ? ?

Use Form 1040X to prepare your amended return.

If you use software, such as TurboTax, the software should recompute your tax correctly on the amended return. You expect to prepare the amended return manually and any of the dividends are qualified dividends, you will need to compute your corrected tax using the Qualified Dividends and Capital Gain Tax Worksheet on page 38 of the Form 1040 instructions. Since filed your original return timely, you will not be penalized if you report the additional income after this year's due date, which is April 17 by the way. You will be charged interest but that should be de minimis. If the additional $1,000 of dividends caused you owe $200 more tax and you waited a couple of months after April 15 to file your amended return, the interest would only amount to between $2 and $3. Frederick Lorca

Get Form 1040X and the instructions thereto. Generally, on the amended return (i.e., Form 1040X), you only show the relevant changes, you don't redo the entire return.

No penalty, but if you don't pay the additional amount of tax by 4/17 you'll owe interest.

See Form 1040-X and its separate instructions. You will also need Schedule B if your total dividend or interest income is $1,500 or more.

-- Phil Marti Clarksburg, MD

Many thanks Herb -- I have proceeded accordingly, and it was simple enough with TurboTax.