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Level 1
June 5, 2019
Solved

1099 - misc late file penalty

  • June 5, 2019
  • 2 replies
  • 22 views
I just e-filed 1099 - MISC as a payer but Turbotax didn't ask me for penalty. I think there is penalty after Jan 31st 2017. How am i supposed to pay the penalty?
Best answer by bwa

Let the IRS bill it (for only several Forms 1099, they rarely do.)

2 replies

bwaAlumni - ChampAnswer
Alumni - Champ
June 5, 2019

Let the IRS bill it (for only several Forms 1099, they rarely do.)

Level 3
June 5, 2019
I have the same question.  I don't want to wait until the IRS bills me because they may add interest on top of the late payment.  Does anyone else have a better answer?