I filed my 2017 taxes and later received a 1099. I reported the income on my return, but not in the 1099 format. Should I amend my return or leave it alone?

sarahesellers · ‎June 4, 2019

MinhT · ‎June 4, 2019

If you are have included the amount on the 1099-MISC as business income on your original return, then your original tax return was already correct. You do not have to do anything. Just keep the 1099-MISC with your records for at least 3 years.

In fact, businesses that receive a large number of forms 1099-MISC do not enter them individually in the 1099 format, but report business income as a lump sum.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

MinhT · ‎June 4, 2019

If you are have included the amount on the 1099-MISC as business income on your original return, then your original tax return was already correct. You do not have to do anything. Just keep the 1099-MISC with your records for at least 3 years.

In fact, businesses that receive a large number of forms 1099-MISC do not enter them individually in the 1099 format, but report business income as a lump sum.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

I filed my 2017 taxes and later received a 1099. I reported the income on my return, but not in the 1099 format. Should I amend my return or leave it alone?