How do I void a 1099 that was filed?
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Last modified 11/7/2023 7:20:57 AM EST |
Added by TaxBandits Team
Applicable To
94X
1099
W-2
ACA
W-4
If you find that you filed a 1099 form that wasn’t needed, you should void it. You are able to void the 1099s that you filed through TaxBandits. Please note that you can only void the 1099 forms AFTER the IRS accepts it.
The procedure is the same for 1099-MISC, 1099-NEC, 1099-DIV, and 1099-INT.
Here's how you void a 1099 return:
- Sign in to TaxBandits, click Start New >> Form >> Form 1099/1098-Correction.
- Select "File Form 1099/1098 Correction" for the required Tax year.
- Under Correct 1099/1098 Recipient Details, click Continue.
- Select the Business Name and Form Type (1099 form type), the recipient details for the business will be displayed.
- Choose the Recipient and click Void Return to void 1099 filed for that recipient.
- Else, another possible method is to click the Make Correction option against the recipient you want to void.
- On the Federal Correction page, select the VOID checkbox and confirm it. All the amount fields will be marked as zero.
- Continue the flow and void the 1099 form.