How to correct the payer Name and/or EIN in 1099s?
119 views | Last modified 2/24/2021 8:36:31 AM EST

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

You need to send a letter to the IRS with the previously reported and the corrected payer Name and/or TIN. You DO NOT have to reissue any corrected 1099s to your recipients.

To prepare the letter in TaxBandits,

  • Click Start New Form >> 1099 Corrections
  • Select Tax Year and 1099 Type (1099-MISC, 1099-NEC, 1099-INT, or 1099-DIV). 
  • Under the Payer Details Correction, click Continue

Enter the originally reported and the correct payer details. Download the letter, print, sign, and mail it to the IRS.
 

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