1099 NEC correction

[bmartinez143]

A contractor just informed us that he gave the wrong EIN and business name. Can we just simply do a new 1099 NEC?

[VolvoGirl · Accepted solution]

You cannot use Quick Employer Forms to file a correction on your form 1099-NEC electronically. You have to complete a form 1099-NEC manually and also a form 1096 to send a copy of the form 1099-NEC to the IRS. On the corrected form 1099-NEC enter the correct information and amount and check the Corrected Box on the top of the form. Give a copy to the contractor and send a copy to the social security administration along with the transmittal form 1096. You can use the form 1096 and 1099-NEC that you originally prepared as a guide to complete the corrected forms. You can find the forms online and type them in by using these links:

https://www.irs.gov/pub/irs-pdf/f1099nec.pdf
https://www.irs.gov/pub/irs-pdf/f1096.pdf

And see  Quick Employer Forms FAQ
https://quickemployerforms.intuit.com/faq.htm

[BAY AREA BOOKS]

According to the IRS - if you e-filed forms 1099-NEC then you have to e-file the corrected 1099-NEC as well. You can not mail in the corrections. How to you mark a corrected 1099-NEC as corrected? This is to change a name that was incorrect. TT instructions say you have to cancel the submitted/accepted return and then create a new 1099-NEC with correct name - my question - how do you mark the new 1099-NEC as corrected to efile?

[DianeW777]

It's unclear who provided the information from the IRS, however you can certainly mail the corrected Form 1099-NEC along with your Form 1096. 

If you are unable to select the checkbox you can use the information below to mail the forms.

It would be the most common method of correction. The mailing addresses are on the Form 1096. It may be the easiest process

• Form 1096
• Form 1099-NEC

@BAY AREA BOOKS