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New Member
posted Apr 16, 2022 7:14:42 AM

1099 NEC received late and income already reported. Need to amend return?

I am self employed and use the Schedule C to report my business income and taxes. I received a 1099-NEC on February 2, 2022, which is late as I understand they were supposed to be to the recipient by January 31.
(The envelope was postmarked on the 31st.)  I filed my taxes on Feb. 1 and did include the income that is on the 1099-NEC. Do I need to file an amendment to my taxes?

 

Thank you,

Elizabeth

1 2 874
2 Replies
Expert Alumni
Apr 16, 2022 7:26:11 AM

No, as long as you included the income from this 1099-NEC in your filed Schedule C, you do not need to file.  1099-NEC is used as an informational return and the exact details of it are not necessary on your return.

New Member
Apr 16, 2022 7:35:09 AM

Thank you!