- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
Yes. Wait until IRS finishes processing your return. Filing an amended return nowt will only cause confusion.
Amended returns take 16 weeks or more to process so the IRS will get back to you before they even see the amendment. Then they will probably reject the amendment because it doesn’t match their correction.
If OnlyFans sent you a letter but not a Form 1099, then it means the $700 was not reported to IRS and there is another issue IRS is looking at.
You do have to file an amended return to report the $700 even if you never got a 1099. All income is taxable — whether you received a form or not.
But wait until you hear form the IRS. You may have to make additional changes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
April 9, 2022
5:21 PM