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gnk
New Member

1099 - misc late file penalty

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?
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1 Best answer

Accepted Solutions
bwa
Alumni
Alumni

1099 - misc late file penalty

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

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2 Replies
bwa
Alumni
Alumni

1099 - misc late file penalty

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

1099 - misc late file penalty

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?

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