Error on 1099 recipient EIN

Forum|Forum|3 years ago
January 13, 2023
2 replies
11 views

Payroll bookkeeper sent out all 1099's with recipient TINs that look like EIN instead of SSN. For example, the SSN should be 225-44-1332 but appears as 22-5441332. I do taxes for both employer and several employees. Do you foresee any problems they will have down the road? Shall I just let this go or ask for corrected slips?

ProSeries Professional

This topic has been closed for replies.

Best answer by JOFI

It won't be an issue for the employees -- they are obligated to report their income received regardless of receipt of a 1099 form. For the employer, I doubt it matters either -- I am not aware the IRS has ever cracked down on someone for failure to send a 1099 form/sending an incorrect 1099 form.

J

JOFI

Answer

Intuit Community Champion

It won't be an issue for the employees -- they are obligated to report their income received regardless of receipt of a 1099 form. For the employer, I doubt it matters either -- I am not aware the IRS has ever cracked down on someone for failure to send a 1099 form/sending an incorrect 1099 form.

IRonMaN

Level 15

But they could get a friendly letter from the IRS down the road when they start trying to match numbers

Slava Ukraini!

G

GretaAuthor

Level 7

I agree. I've seen those letters when they pertain to SSN and a person's name. Till now, they basically said fix your records, but no need to do anything about the old error. Also, what if someone else has that EIN number and gets a letter? My preference of course is for the bookkeeper to fix the entire record since it's only mid-March.

G

GretaAuthor

Level 7

I meant to type that it's only mid-January.

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