How do i correct an in accurate 1099?

Forum|Forum|3 years ago
February 18, 2023
2 replies
14 views

1099k

TurboTax Self Employed Online

user17750693608

Level 8

Why is it incorrect? If it's an address, it's not a probblem. You can't , however, change amounts. If you need a revised form, contact the issuer.

ErnieS0

Level 15

Form 1099-K is sent to you and the IRS so you should not report a different number. As awesome Community contributor says, contact the Form 1099-K issuer to discuss the matter. They can send you a corrected form if they agree.

You don’t say why you received Form 1099-K. If you sold items, you will deduct the cost of purchases, so if you believe the Box 1a amount is not what you took ended up with, those adjustments are made in reporting your income and expenses.

As leeloo says, we’d need to know more about why you believe your form is incorrect.

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