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Old 03-01-2015, 06:18 PM
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1099 misc correction

hi, I need to file a correction to a 1099. was missing TIN of recipient and now have it. paper filed so I had originally filed a 1096 along with 10 other 1099s.

so now, do I need to send another 1096 with just the one corrected 1099? according to IRS, sounds like I send one 1099 form marked "corrected" but with $0 amount and a second 1099 not marked corrected with the original information and TIN of course. can you confirm? and if I do need to send another 1096, do I put the original total of all 1099s or just total of this one corrected 1099?

Thx



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Old 03-01-2015, 09:33 PM
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Originally Posted by injmk View Post
hi, I need to file a correction to a 1099. was missing TIN of recipient and now have it. paper filed so I had originally filed a 1096 along with 10 other 1099s.

so now, do I need to send another 1096 with just the one corrected 1099? according to IRS, sounds like I send one 1099 form marked "corrected" but with $0 amount and a second 1099 not marked corrected with the original information and TIN of course. can you confirm? and if I do need to send another 1096, do I put the original total of all 1099s or just total of this one corrected 1099?

Thx
You need to prepare a new information return.enter an "X" in the "CORRECTED" box and date (optional) at the top of the form. Enter the payer, recipient, and account number information exactly as it appeared on the original incorrect return; however, enter 0 (zero) for all money amount.Do not enter an X in the CORRECTED box at the top of the form. Prepare the new return as though it is an original. Include all the correct information on the form including the correct TIN, name, and address.Prepare a new transmittal Form 1096. Enter the words “Filed To Correct TIN” in the bottom margin of the form. Provide all requested information on the form. File Form 1096 and Copy A of the return with the appropriate service center. Do not include a copy of the original return that was filed incorrectly. Send the corrected item for 1099 with the 1096. Do not resubmit the 1099s that are not being corrected.



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Old 03-01-2015, 09:45 PM
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Thanks so much! One clarification.... When filing the 1096 with corrected 1099, would I submit the total amount from ALL 1099s as originally stated on 1096? My amounts aren't changing, just adding TIN. But since I'm only submitting one corrected 1099, would I enter just that amount in this 1096 or total all 1099s previously submitted?



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Old 03-02-2015, 02:45 AM
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Originally Posted by injmk View Post
Thanks so much! One clarification.... When filing the 1096 with corrected 1099, would I submit the total amount from ALL 1099s as originally stated on 1096? My amounts aren't changing, just adding TIN. But since I'm only submitting one corrected 1099, would I enter just that amount in this 1096 or total all 1099s previously submitted?
yes. however, Provide all requested information on the form as it applies to the return. Do not include a copy of the original return of 1096 that was filed incorrectly;
if you submit 1099s by software, no need to submit 1096 to irs



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