Welcome, Guest. Register Now!
   
Veiw New Posts View Todays Posts


» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Financial Planning
 
US Presidential Tax Policies
 
 
 



View Single Post
  #2 (permalink)  
Old 02-29-2008, 03:44 PM
TaxGuru TaxGuru is offline
Super Moderator
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 1,043
Blog Entries: 2
Please refer to my answer that was provided to a similar question, except that in that case the company that issued an erroneous 1099-Misc went Defunct.

In your case, you need to mention that "You attempted to contact the employer to correct the 1099-Misc and that the employer was not being cooperative at all, to file an amended 1099-Misc report".

Further that you have all copies of the payments made to you and so, the adjustment you are making to the Gross 1099-Misc report is reasonable and valid.

But, please report the entire amount received followed by an item called "Adjustment to 1099-Misc". Also, indicate See Note 1) and attach this note to the tax return with my comments above.


Incorrect information on 1099
__________________
Ask TaxGuru
Please refer to the legal disclaimer.
Reply With Quote