Question

Is there an easy way to see if 1099 has been revised?

Forum|Forum|3 years ago
April 2, 2023
1 reply
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So, I run into this problem every year. I have accounts with about 7-8 FIs. Early in the tax season I download all the 1099s. But more times than not, one or more of the FIs will revise their 1099. The only way I have been able to catch this, is right before I file, waiting until early April, I log on to every web site and manually check their tax documents to see if there have been any revised 1099s for me. Needless to say that's somewhat time consuming to find them all. Is there an easier way to do this through Turbo Tax? What does everyone else do?

M

MichelleLO

No, TurboTax does not have the capability to monitor your financial accounts for updates to your 1099s. You may want to contact your financial institution to find out if there is a way to receive notification should they issue a corrected 1099.

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