My wife received a 1099-MISC with the FATCA filing box checked in error. Only box 7 has an amount. Does she need to worry about having them submit a corrected 1099-MISC? They're telling her it's no big deal and just ignore it.
Is the money reported in box 7 subject to the Foreign Account Tax Compliance Act? (FATCA). I doubt it, therefore it is a *BIG* deal if it's not supposed to be checked.
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