I received an incorrect 1099-MISC from my employer showing income. Then got a corrected 1099-MISC that shows I had $0 miscellaneous income. There should be no taxes on any Misc income, but how do I handle this in Turbotax? Enter both 1099s, just the corrected one, or none of them?
The corrected 1099-MISC replaces and supersedes the original form.
You would only enter the corrected form 1099-MISC. But in your case, as the corrected form shows 0 income, you do not need to enter it on your tax return.
Thanks. Would it do any harm just to go ahead and include the corrected version showing $0 in income?
If you enter 0 income, the form will not be taken into account. So no need to enter the form.
Ok. Thanks. Just so I understand this process here, do you work for TurboTax (Intuit)?