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Level 2
posted Jan 10, 2020 10:04:00 AM

Correcting Contractor's 1099 Electronically

Hi, I am self employed who also paid an independent contractor. I use the Quick Employer Form to generate 1099-MISC. There was a typo in the last name of the contractor, which I somehow missed until it was accepted by the IRS. 

 

The IRS website indicates I can file a "CORRECTED" with same information with $0 for amount, then file new 1099-MISC with form 1096. Can this be done electronically? I only have 1 contractor and I would rather no deal with having to order forms etc. 

 

I know QEF does not support correction but I found another form filer that supports correction even if it did not originate there. 


Can I just file the "CORRECTED" electronically, effectively zeroing out the contractor's income. Then file 1099-MISC online again with the correct last name? Or does all this have to be paper? 

0 6 1930
6 Replies
Expert Alumni
Jan 10, 2020 3:03:57 PM

If you found another form filer that supports electronic correction, you can file electronically. Below is the process to fix the payee name according to IRS Publication 1220 (Specifications for Electronic Filing of Forms) (PDF, page 23).

 

Alternatively, you can just file on paper.

Level 15
Jan 10, 2020 6:10:54 PM

I know that for a W-2, so long as the first four characters of the last name are correct, what comes after doesn't matter and a correction is really not necessary for a simple one character type - so long as it's not any of the first four characters. I don't know if that holds true for a 1099-MISC, but I would expect it to.

 

Level 15
Jan 10, 2020 6:13:53 PM

I wouldn't worry about it if the ssn is correct.

 

How can I correct a Form 1099 or W-2 that has already been sent and accepted by the IRS or SSA?

 

QEF does not support corrected forms at this time. Once the original e-filing is accepted:

To file a corrected W-2, go to the SSA website and file the corrected form, W-2C electronically. You can also use the IRS website for forms and instructions.

To file a corrected 1099, use the IRS website forms and instructions for corrections.

 

From the QEF faq https://quickemployerforms.intuit.com/faq.htm#CorrectForms

Level 2
Jan 13, 2020 6:44:59 AM

Thanks. SSN is correct, everything except the third letter on the last name is correct. I accidentally typed the wrong vowel. 

Level 2
Jan 13, 2020 6:46:08 AM

Thanks. It's the third character that's off on the last name. 

Level 15
Jan 13, 2020 6:59:28 AM

I would not bother doing a correction for this form as it doesn't matter.