It is April 10th and you transmitted the last tax returns, so it is time to relax and plan the next vacation. Just as you think about a few weeks in the sun, you receive an email from a client who received an amended Form 1099-DIV from his brokerage firm. You ask for a copy of the form, which includes this information: 

Required:

1) Your client is petrified of an IRS audit and asks how to handle this. What would you advise them?

Ordinary dividends Qualified dividends Capital gain dividends Original Amount 2,500 2,000 4,000 Correct Amount 2,400 1,900 4,200