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Jenn1
New Member

I received a 1099-misc that was incorrect. They are submitting a corrected 1099-misc to the IRS, but do I have to wait to receive it or can I file knowing the new numbers

I received a 1099-misc that was incorrect (they reported non-employee compensation in box 7 when it was for reimbursement for expenses documented with receipts).  They are submitting a corrected 1099-misc to the IRS to show zero in box 7, but do I have to wait to receive it or can I file knowing that my new 1099-misc will have zero in box 7?

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PhyllisG
New Member

I received a 1099-misc that was incorrect. They are submitting a corrected 1099-misc to the IRS, but do I have to wait to receive it or can I file knowing the new numbers

You don't have to wait.  Enter the new numbers into TurboTax.  Once you receive the corrected Form 1099-MISC, then keep it for your records.

However, if you have to paper file your return, then you will have to attach the corrected form to your tax return.

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