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Business & farm
You can obtain the forms from the IRS website and I will give you the link below. Please be advised that there will be a penalty that will be assessed probably in the amount of $280 for the late filing. When the assessment notice arrives I suggest you pay the penalty, if assessed, and enclose a letter requesting abatement as the filing of the form was an oversight being corrected and you have not had any prior notices regarding this issue.
While the IRS prefers a scannable copy of the 1099-NEC (lines mostly in a reddish color), at this point I believe they will overlook that issue due to the late filing.
Prior year 1099-NEC Instructions
What happens if I don't file a 1099-NEC?
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March 20, 2023
2:15 PM
736 Views