topic Should I submit an amended return if the 1099 questions for work on a rental property were incorrect when submitted? It stated I would not file a 1099, but I did. in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/should-i-submit-an-amended-return-if-the-1099-questions-for-work-on-a-rental-property-were-incorrect/01/643333#M28125 <P>When I completed my return, TurboTax asked if I had work done on a rental property that required a 1099.&nbsp; My answer was Yes.&nbsp; It was followed by a question that asked if I had submitted the 1099.&nbsp; I had not submitted it yet, so I answered No.&nbsp; It never walked me through the process of submitting the 1099, so I later followed a separate process to file the 1099.&nbsp; However, on my actual return there is a question that asked if I will be submitting a 1099 and Turbo Tax filled that in as a No.&nbsp; Now there is inconsistency with what was filed.&nbsp; Should I submit an amended return for this question, even though it does not change any numbers?&nbsp; I am concerned that it looks like I am refusing to submit a 1099 even though I submitted one.<BR /></P> Thu, 06 Jun 2019 08:22:33 GMT billandkimtracy 2019-06-06T08:22:33Z Should I submit an amended return if the 1099 questions for work on a rental property were incorrect when submitted? It stated I would not file a 1099, but I did. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/should-i-submit-an-amended-return-if-the-1099-questions-for-work-on-a-rental-property-were-incorrect/01/643333#M28125 <P>When I completed my return, TurboTax asked if I had work done on a rental property that required a 1099.&nbsp; My answer was Yes.&nbsp; It was followed by a question that asked if I had submitted the 1099.&nbsp; I had not submitted it yet, so I answered No.&nbsp; It never walked me through the process of submitting the 1099, so I later followed a separate process to file the 1099.&nbsp; However, on my actual return there is a question that asked if I will be submitting a 1099 and Turbo Tax filled that in as a No.&nbsp; Now there is inconsistency with what was filed.&nbsp; Should I submit an amended return for this question, even though it does not change any numbers?&nbsp; I am concerned that it looks like I am refusing to submit a 1099 even though I submitted one.<BR /></P> Thu, 06 Jun 2019 08:22:33 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/should-i-submit-an-amended-return-if-the-1099-questions-for-work-on-a-rental-property-were-incorrect/01/643333#M28125 billandkimtracy 2019-06-06T08:22:33Z I would not file an amended return. When you filed (or wi... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-would-not-file-an-amended-return-when-you-filed-or-wi/01/643342#M28127 <P>I would not file an amended return. When you filed (or will file) the 1096 and the IRS copy of the 1099 they will know you have filed it.&nbsp; If you receive a letter from the IRS, just write back and explain just as you did in your question.&nbsp; They could assess you a penalty, but I I doubt they would for one 1099.&nbsp; <SPAN>If a business submits Form 1099 within <B>30 days</B> from the due date, the penalty is $30 per form. If you file the form more than <B>30 days</B> late but before Aug. 1, the penalty is $60 per form. The penalty increases to $100 for any form filed after Aug. 1 or not filed at all.</SPAN></P><P> <SPAN>Filing an amended return won't change the fact that you filed the 1099-MISC late.<BR /></SPAN> </P><BR /> Thu, 06 Jun 2019 08:22:34 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-would-not-file-an-amended-return-when-you-filed-or-wi/01/643342#M28127 DDollar 2019-06-06T08:22:34Z
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topic Should I submit an amended return if the 1099 questions for work on a rental property were incorrect when submitted? It stated I would not file a 1099, but I did. in Investors & landlords
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<P>When I completed my return, TurboTax asked if I had work done on a rental property that required a 1099.&nbsp; My answer was Yes.&nbsp; It was followed by a question that asked if I had submitted the 1099.&nbsp; I had not submitted it yet, so I answered No.&nbsp; It never walked me through the process of submitting the 1099, so I later followed a separate process to file the 1099.&nbsp; However, on my actual return there is a question that asked if I will be submitting a 1099 and Turbo Tax filled that in as a No.&nbsp; Now there is inconsistency with what was filed.&nbsp; Should I submit an amended return for this question, even though it does not change any numbers?&nbsp; I am concerned that it looks like I am refusing to submit a 1099 even though I submitted one.<BR /></P>
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Should I submit an amended return if the 1099 questions for work on a rental property were incorrect when submitted? It stated I would not file a 1099, but I did.
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<P>When I completed my return, TurboTax asked if I had work done on a rental property that required a 1099.&nbsp; My answer was Yes.&nbsp; It was followed by a question that asked if I had submitted the 1099.&nbsp; I had not submitted it yet, so I answered No.&nbsp; It never walked me through the process of submitting the 1099, so I later followed a separate process to file the 1099.&nbsp; However, on my actual return there is a question that asked if I will be submitting a 1099 and Turbo Tax filled that in as a No.&nbsp; Now there is inconsistency with what was filed.&nbsp; Should I submit an amended return for this question, even though it does not change any numbers?&nbsp; I am concerned that it looks like I am refusing to submit a 1099 even though I submitted one.<BR /></P>
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I would not file an amended return. When you filed (or wi...
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https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-would-not-file-an-amended-return-when-you-filed-or-wi/01/643342#M28127
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<P>I would not file an amended return. When you filed (or will file) the 1096 and the IRS copy of the 1099 they will know you have filed it.&nbsp; If you receive a letter from the IRS, just write back and explain just as you did in your question.&nbsp; They could assess you a penalty, but I I doubt they would for one 1099.&nbsp; <SPAN>If a business submits Form 1099 within <B>30 days</B> from the due date, the penalty is $30 per form. If you file the form more than <B>30 days</B> late but before Aug. 1, the penalty is $60 per form. The penalty increases to $100 for any form filed after Aug. 1 or not filed at all.</SPAN></P><P> <SPAN>Filing an amended return won't change the fact that you filed the 1099-MISC late.<BR /></SPAN> </P><BR />
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