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Level 4
December 7, 2019
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100% owner of Scorp need to issue 1099 to pay for himself or have to issue W2 as the officer? what happened if he already issue 1099 MISC 2018?

  • December 7, 2019
  • 2 replies
  • 11 views
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Best answer by abctax55

Amend the F 1099 to zero.

Issue a W-2, AND do the payroll forms (including state) reporting the wages.  

Yes, there will be penalties & interest.  Oh well...bet the client pays attention going forward.

2 replies

abctax55
abctax55Answer
Level 15
December 7, 2019

Amend the F 1099 to zero.

Issue a W-2, AND do the payroll forms (including state) reporting the wages.  

Yes, there will be penalties & interest.  Oh well...bet the client pays attention going forward.

HumanKind... Be Both
qbteachmt
Level 15
December 7, 2019
Don't yell at us; we're volunteers
abctax55
Level 15
December 7, 2019
Jeez...and I answered it twice.  Must be March.
Thanks.
HumanKind... Be Both