TaxBandits Knowledge Base

How to fix TIN validation errors on my 1099 forms?

  Key Points to Remember:

• The IRS rejects your return if there is a mismatch between the provided TIN and the name in IRS records.
• If your return has failed TIN validation, corrections must be made within 96 hours or by the scheduled submission date, whichever is later.
• If not corrected, the forms are transmitted with the incorrect TIN provided, which may lead to potential rejection and penalties.

Follow the steps below to fix the TIN validation error:

Step 1: Select the payer from the dashboard.

Step 2:  Navigate to ‘All Submitted forms’ under the Submitted tab and click ‘Fix Error’ next to the applicable recipient in the TIN Matching column.

Step 3: TIN matching fails when the name and TIN combination do not match IRS records. Enter the correct TIN and name in the respective fields, then click ‘Update & Initiate TIN Matching.’
 

Once done, TIN will be updated Successfully.