ThomasM125
Expert Alumni

After you file

It won't delay the processing of your tax return since the IRS won't match up what you reported with the form 1099-NEC reported to them immediately. The worse that will happen is the IRS will contact you several months or more than a year down the road and assess additional tax, but you can protest that assessment by disputing the incorrect form 1099-NEC. You can avoid that by making sure the corrected form 1099-NEC is issued though.

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