turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lwright80
New Member

I entered payer name wrong for my 1099-R, I put the company and not the bank name will this present a problem and cause me to have to amend?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I entered payer name wrong for my 1099-R, I put the company and not the bank name will this present a problem and cause me to have to amend?

Either it will go through OK and you have no worries (but save the 1099-R in case questions arise later) OR (more likely, I think) the filing will be rejected pretty quick and then you just correct the name and resubmit the e-file.  No big problem either way and no amendment needed.

View solution in original post

2 Replies
lwright80
New Member

I entered payer name wrong for my 1099-R, I put the company and not the bank name will this present a problem and cause me to have to amend?

Does this delay return process even longer?

I entered payer name wrong for my 1099-R, I put the company and not the bank name will this present a problem and cause me to have to amend?

Either it will go through OK and you have no worries (but save the 1099-R in case questions arise later) OR (more likely, I think) the filing will be rejected pretty quick and then you just correct the name and resubmit the e-file.  No big problem either way and no amendment needed.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question