I have a vendor requesting that we amend his 2022 1099; listing his Business Entity /FEIN vs his Legal Name and Social. This vendor completed his W9 last year using his Name on line 1 and Business Name on line 2 and using his social security number as the taxpayer identification number.
My question is are we obligated to correct his 1099 and resend it to this vendor as well as sending a corrected copy to the IRS? The company issued the 1099 correctly based off what they vendor provided .
