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1099-MISC Omitted Payer ID

Hi, 

I received 1099-MISC (other income, Box 3, not self employment). I input $ and payer ID name and address correctly. $ was input in schedule 1, line 8. I just noticed I did not input payer ID... Is this big issue? Do I need to submit the amend? I already received the refund. 

Goro

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4 Replies
rjs
Level 15
Level 15

1099-MISC Omitted Payer ID

It doesn't matter. If you already got the refund, you're okay. There is nothing to amend.

 

1099-MISC Omitted Payer ID

Hi rjs,

Thanks.

I am not familiar with 1099-MISC. I paid attention how number was filled in schedule 1, but I did not pay attention 1099-MISC itself which I input in software.  I am worried if this mistake trigger audit. 

rjs
Level 15
Level 15

1099-MISC Omitted Payer ID

I'm pretty sure it will not trigger an audit. You reported the income correctly. In any case, there is nothing you can do about it now. An amended return would not do any good because it would not show any change. The payer ID would not appear in the amended return.

 

1099-MISC Omitted Payer ID

Hi rjs,

 

Thanks.

I just run interactive tax assistant on IRS site. It says no need to amend.

I will keep 1099-MISC just in case IRS want more info. 

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