Brokerage made a mistake on 1099. I contacted them and they are making the fix. I don't think the corrected 1099 form will be available by 4/15. What should I do?
031006
1 Best answer
fanfare
Level 15
Mar 26, 2025 4:32:25 AM
Before April 15th, whatever you expect to owe should be paid with your request for more time to file.
Best way: Go to the IRS Direct Pay page and select EXTENSION.
Thanks! I was aware of that, but I have dues to IRS, and I assume there will be punishment in such a case? I could not find any information about that.
fanfare
Level 15
Mar 26, 2025 4:32:25 AM
Before April 15th, whatever you expect to owe should be paid with your request for more time to file.
Best way: Go to the IRS Direct Pay page and select EXTENSION.