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Will I need to VOID and CORRECT a 1099 if it has someone else's social on it?
I have a business I sent a 1099 to. Evidently it changed ownership so the one I sent has the previous owner's social security number listed. Will I need to fill out a 1099-NEC to void the incorrect social (so he's not liable) and then complete another 1099-NEC with the correct social? Or will one form complete both tasks?
‎January 24, 2023
7:20 AM