TaxBandits Knowledge Base

How do I correct the federal or state amounts in 1099s?

With TaxBandits, you can correct federal amounts on the 1099 forms filed through our platform. Additionally, you can update the state income and withholding amounts, but the state name cannot be changed.

Here are the steps to correct your federal or state amounts reported in 1099:

Step 1: Sign in to your TaxBandits account.

Step 2: On the dashboard, click 'Start New Form' —> '1099/1098 Corrections.'

Step 3: Click on ‘Select Payer from Address Book’ for the payer for which you want to file corrections. 

Step 4: Choose the form from the dropdown, and the list of accepted forms will be displayed. Under the ‘Actions’ column, click on ‘Make Correction’ next to the employee. If you want to void the form, you have the option to select ‘Void.’

Step 5: Select the ‘Federal Amount Correction’ checkbox to correct the federal amount and update the necessary details.

Step 6: After making all the corrections, proceed to the next step.