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March 29, 2024
Question

corrected 1099-misc

  • March 29, 2024
  • 1 reply
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I entered the incorrect $$ on the 1099-misc I sent in electronically. It has been accepted by the IRS. What do I need to do to correct it?

    1 reply

    March 29, 2024

    You will need to amend your return.  Wait until your return has fully processed first (you receive a refund or a balance due is paid, which ever is applicable to your situation).

     

    If you prepared your original tax return using TurboTax:

    1. Log in to your account.
    2. Open the tax return you already filed.
    3. Click on the link to amend your return.
    4. The software will walk you through the process of filing the amendment.
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    mootzieAuthor
    March 30, 2024

    When the IRS accepted my original 1099 misc form, I got notification from the Quick Forms Team with this additional caveat: 
    You do not need to take any action with this information. It is simply an acknowledgment of acceptance. You may also view your forms and e-file status at Quick Employer Forms

    Please, note that form corrections are not supported by Quick Employer Forms.

     

    So, when I go into IRIS on the IRS website, I can't find the original1099 misc in order to correct it. Does this mean that corrected 1099's will have to be submitted by paper?

    mootzieAuthor
    March 30, 2024

    My question is asking how to amend an information return, not my tax return. I sent a recipient a 1099 with information that needs to be corrected