- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Corrected 1099-INT
Bank sent a 1099-INT listing three accounts the total but one of the accounts had the incorrect amount of interest received. The bank has since corrected the interest received for the one account and sent a "corrected" 1099-INT for only that one account. Should the bank have sent a "corrected" 1099-INT showing all three accounts and the total (it is my understanding that a "corrected" 1099-INT cancels out the original so the "corrected 1099" would cancel out the interest received for other two accounts) or do I just list the interest for each account individually using the correct amount from the "corrected" 1099?
‎February 6, 2025
8:37 PM