CORRECT 1099

[ACS41]

I filed 1099-Misc's for a client and now need to be correct with a different amount.

Do I just change the amount, check the corrected box, and re e-file? Or do I need to create a new file?

Thank you.

[Jack from Ohio]

If you have e-file, you will have to create a corrected 1099 and MAIL it in. I do not think corrected 1099s can be e-filed.

When we submit 1099s, we wait to transmit them till about 2 days before the deadline to handle just such instances. Same with W2's. Much easier to create new 1099's with correct information than to send a corrected 1099.

[Pacun]

Maybe next year, you wait until Feb 15 to send 1099s to the feds.

[ACS41]

Pacun, The screw up was internal.

[Pacun]

Yes, but if you had waited to transmit, no need to amend.

[Jack from Ohio]

He used the word re-file. I would consider that to mean that he HAD ALREADY SENT the original. Doesn't re- usually indicate doing a second time?

[Pacun]

amend can mean re-do or correct.

[ACS41]

No, we sent them in. I found out you use the same file, check the corrected box, change the information and send. It is proably a good idea to keep a copy of the original file in electronic format.

[Jack from Ohio]

I have not mailed in a 1096 in 4 years. Too simple to e-file and I get acknowlegment as well.

[joanmcq]

Yup, me too. And since the 1096's don't have to be filed until March if efiled, you've got plenty of time to make corrections before the final copies go to the IRS.

[Randall]

No, we sent them in. I found out you use the same file, check the corrected box, change the information and send. It is proably a good idea to keep a copy of the original file in electronic format.

In this situation, I duplicate the original and rename, then do the corrected 1099. That way I have them both in the program.