As the employer, a 1099-MISC was issued incorrectly to an individual that showed an amount in Box 7 (non-employee compensation) that should have been reported in Box 3, Other income.
A corrected 1099 was sent to the individual showing the amount in Box 3 and the "Corrected" box checked off.
In terms of reporting the correction to IRS, do I simply file a 1096 accompanied by the corrected 1099? And is this reported in paper format?
Any thoughts/recommendations are appreciated.
Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Again google is your friend. I think you may want to be on the Quick Books site.
https://www.thebalancesmb.com/common-errors-in-form-1099-misc-and-other-1099-forms-397991
Again google is your friend. I think you may want to be on the Quick Books site.
https://www.thebalancesmb.com/common-errors-in-form-1099-misc-and-other-1099-forms-397991
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.