topic Forgot about CashApp transfers before submitting 1099s in Business & farm

Forgot about CashApp transfers before submitting 1099s

BingServ — Mon, 23 Feb 2026 12:57:39 GMT

Hi - any help would be gold.

We are a single-proprietor LLC business that does business with independent contractors, and we use Quickbooks Online. We just submitted our 1099 info and e-filed.

Unfortunately, after the fact, we realized we'd forgotten to include monies transferred via CashApp (special pay advances, tips, etc) .

How do we amend our report to the IRS and send in contractor payments that wer emade via CashApp? Is there a specific form we should file?

THANK YOU in advance

Re: Forgot about CashApp transfers before submitting 1099s

xmasbaby0 — Thu, 09 Feb 2023 15:18:18 GMT

You cannot change or add anything on the return that you just e-filed, nor can you stop it. It is too late, just like when you put an envelope in a US mailbox on the corner. The IRS does not allow you to take it back.

If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.” The changes will go nowhere.

Now you have to wait until the IRS either rejects or accepts your return. If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.

If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund. THEN you can prepare an amended tax return and e-file or mail it in. You have to be able to work from that return exactly the way it was when it was e-filed originally. You will need to use a form called a 1040X.

Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself. Sit tight and wait until you see what the IRS does with the return you just e-filed

The Form 1040X you need will not be available until late February.

Re: Forgot about CashApp transfers before submitting 1099s

BingServ — Thu, 09 Feb 2023 15:19:53 GMT

OK. 1040X amendment after theyre processed. Got it - thx

Re: Forgot about CashApp transfers before submitting 1099s

RobertB4444 — Thu, 09 Feb 2023 15:24:09 GMT

You should amend your tax return, but you will have to wait to do so. The forms necessary to correct your return won't be available until the end of February.

It's best to make sure that your first return is processed completely before you file your second return. So if you are expecting a refund then you should wait to receive it before you file. If you paid then make sure that your payment has cleared.

At the end of the month just log in and click on "Amend my 2022 Return" and then follow the TurboTax prompts.

@BingServ

Re: Forgot about CashApp transfers before submitting 1099s

BingServ — Thu, 09 Feb 2023 15:30:07 GMT

Thank you Robert.

Will I see an option for that in Quickbooks Online in my payroll section?

Or specifically TurboTax.

Either way Ill do that.

Re: Forgot about CashApp transfers before submitting 1099s

MarilynG1 — Thu, 09 Feb 2023 18:48:13 GMT

You will Amend Your Return in TurboTax.

Here's detailed info on How to Amend a Federal Return.