TaxBandits Knowledge Base

How to void a 1099 that was filed?

If you realize that you filed a 1099 form unnecessarily, you should void it. TaxBandits allows you to void 1099 forms filed through our platform. Please note that you can only void a 1099 form after the IRS has accepted it.

Here are the steps to void your 1099 return:

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 ‘Void’ next to the employee. If you want to make corrections to the form, you have the option to select ‘Make Correction.’

Step 5: On the Federal Correction page, select the ‘VOID’ checkbox and confirm your selection. All amount fields will be set to zero. Follow the remaining steps to complete the process and void the 1099 forms.