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Can this be fixed partnership gave partners 1099?

pbp
Level 3

This is a new partnership.  The partnership gave partners a 1099 for work they performed is there anyway to correct this?

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1 Comment 1
sjrcpa
Level 15

File corrected 1099s with -0-s.

File 1065 showing the amounts as Guaranteed Payments.


The more I know the more I don’t know.