How do I file 1099-NEC corrections in TaxBandits?
954 views | Last modified 2/28/2022 2:31:07 AM EST

Applicable To
94X 1099 W-2 ACA W-4

If you have reported incorrect information in the original 1099-NEC, you can file 1099c forms to correct them. 

You can correct the following:

  • Payer TIN & Name. You need to send a letter to the IRS with the necessary information along with your signature. We will guide you through the steps.
  • Recipient details and amounts reported earlier. Here, you need to provide the originally reported information along with the correct information. 

Here’s how you file a 1099-NEC correction:

  • Sign in to TaxBandits, click Start New Form >> Form 1099c.
  • Select the Tax year.
  • Choose 1099 correction type - recipient and payer detail are available.

Correct 1099 Recipient Details

  • Select the business and form type as 1099-NEC to file a correction form.
  • Choose the recipient name to correct and click Make Correction.

  • Enter the correct information in the appropriate boxes and click Save & Continue to proceed with the flow and transmit the return. 
     

Correct 1099 Payer Details

  • Select the business to autofill the payer details from the address book or enter the payer details reported on the original form.
  • Select the checkboxes based on what you would like to correct and enter the correct details and click Generate to download a copy of the correction letter.

  • Print, sign, and mail the correction letter to the IRS at the below address:

 Internal Revenue Service
 Information Returns Branch
 230 Murall Drive, Mail Stop 4360
 Kearneysville, WV 25430

Once you transmit the forms to the IRS, a copy of the corrected 1099-NECs will be available in the Distribution Center for download. 
 

 

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