Revised 1099-MISC

Forum|Forum|6 years ago
September 21, 2019
1 reply
8 views

We received a revised 1099-MISC from Blue Cross Blue Shield. The revised income is $188.75 higher than what was previously reported. How should I handle reporting this difference?

DoninGA

Level 15

Why are you receiving a Form 1099-MISC from Blue Cross Blue Shield?

Is this a refund for a medical expense where you paid by cash, check or direct debit from your bank account?

What box of the 1099-MISC is the amount entered?

ramcintyre059Author

Level 2

My wife is a counselor who provides services to individuals with insurance through BCBS, the 1099 is report income to use through my wife's sole proprietor business. The amount is in box 6 of the 1099-MISC.

DoninGA

Level 15

If the 2018 tax return has already been filed and accepted then you will need to amend the return to add the additional income to the tax return. Before amending the return wait for the tax refund to be received or if taxes were owed and paid, wait for the payment to be processed.

See this TurboTax support FAQ for amending a 2018 tax return originally completed and filed using TurboTax - https://ttlc.intuit.com/community/amending/help/how-do-i-amend-a-return-in-turbotax/01/27579