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Returning Member
posted Jun 4, 2019 6:11:33 PM

How do I update the information in a consolidated 1099 that I jut got an updated version of?

i imported several consolidated 1099 forms into turbotax and had a version of my return that I reviewed and then got an updated version of one of the consolidated 1099 forms, How do I dorrect the first info?

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1 Best answer
Level 15
Jun 4, 2019 6:11:34 PM

I'm assuming you haven't yet e-filed your return, correct?

The best advice I'd have is to import the newest (corrected) 1099.  Once you've verified that the new info is correct, you can go back and delete the original import that was corrected.  Just keep up with which import is which.

2 Replies
Level 15
Jun 4, 2019 6:11:34 PM

I'm assuming you haven't yet e-filed your return, correct?

The best advice I'd have is to import the newest (corrected) 1099.  Once you've verified that the new info is correct, you can go back and delete the original import that was corrected.  Just keep up with which import is which.

Level 15
Jun 4, 2019 6:11:36 PM

since import is cumulative, this is just a recipe for confusion.
first delete imported financial data (all of it)
then import ; you will get the updated 1099-B entered into your tax return.