I received a 1099=NEC and it was 3 weeks late,I already filed my tax return, what should I do?

[PattiF]

You will need to amend your return using Form 1040-X, and include the income from the 1099-NEC. You are not able to amend the 2021 tax return yet since Form 1040-X is not available from the IRS. It is expected to be available around the middle of March.

When the form is accessible, you can input the new information in the 1040-X, amended return, and e-file the return. Here is a TurboTax help article about amending your return.

[davesmusic2212]

Thank you for the reply. I read somewhere I may be fined by the IRS for not reporting the 1099-nec when I was supposed to, is that correct?

[LenaH]

Yes. The IRS issues penalties for each information return that is failed to be correctly filed on time and each payee statement failed to be provided. I have attached the informational return penalty charge for each Information Return or Payee Statement below. 

@davesmusic2212

[princessraven]

Your transmission didn't go through

We could not e-file your return for the following reason:

Tax Year 2021 transmissions are not available.

Could you please assist me with this error. I have cleared my cache and I am using the online version.

[Cass0317]

Yes, please click on one of the TurboTax FAQ's below, depending on which system you are using, a PC or Mac:

• Your transmission didn't go through due to a server problem
• Message: "Your Transmission Didn't Go Through (Reason: Canceled)" on Mac

@princessraven