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Should I file an extension to give the IRS time to process a corrected 1099 on paper?

Someone gave me a 1099-NEC in error, which was e-filed.  They just now gave me a corrected 1099 for $0, but this one was not e-filed.  It was mailed to IRS, which will take weeks or months for them to process.  I know that if I e-file my taxes without the 1099 that the IRS already has on file, it could automatically trigger an audit.  Should I file an extension to give the IRS time to receive and process the corrected 1099?

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2 Replies
ee-ea
Level 15

Should I file an extension to give the IRS time to process a corrected 1099 on paper?

File now.   The IRS will do the matching next year.

Should I file an extension to give the IRS time to process a corrected 1099 on paper?

it will not trigger an audit. at most you would get a letter about the discrepancy to which you could respond so file now

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