JotikaT2
Employee Tax Expert

Get your taxes done using TurboTax

Probably.

 

Since the deadline has passed, you would be subject to a penalty assuming you are the one issuing the 1099 forms.  The penalty will depend upon the number of 1099-MISC forms you need to file.  

 

Please see the attached link from the IRS as to what your penalty would be based upon your situation.

 

Penalty for filing Form 1099-MISC late

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