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Get your taxes done using TurboTax
It's possible that because the payer made the correction before the deadline for them to electronically file the Form 1099-MISC with the IRS, they have just erased the original Form 1099-MISC and told you to correspondingly destroy the one that they sent to you. However, you won't know for sure until either the IRS sends you a letter claiming unreported income or you can download your Wage & Income transcript showing the Form 1099-NEC but no Form 1099-MISC. (It can be rather late in the year before your Wage & Income transcript is fully populated.)
‎February 21, 2024
6:24 AM