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Old 01-30-2017, 03:16 PM
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Correct One 1099 And 1096 Out Of A Group Of 1099s Already Filed

Can you please provide details on correcting one 1099 (dollar amount) out of a group of fifteen that were already submitted? Do I resubmit all fifteen and give totals for all fifteen on the corrected 096? Thank you!



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Old 01-30-2017, 11:05 PM
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Originally Posted by ispeakforerin View Post
Can you please provide details on correcting one 1099 (dollar amount) out of a group of fifteen that were already submitted? Do I resubmit all fifteen and give totals for all fifteen on the corrected 096? Thank you!
no you do not submit all 15 and give ttoals for all 15 1099s on form1096 however,

Your error is error type #1, then you enter X in the corrected box on a new 1099MISC and then prepare a new 1096 and report the total in box 5 and enter X in box 7 of Form1096.

also enter X in box 6 for 1099MISC 95 since you correct a 1099MISC.

also make an entry in either box 1 or 2 on form 1096; not both.

in box 5 you neeed to enter the total of the amount(s) from the boxes of 1,2,3,5,6,7,8,10,13, adn 15; if you have corrected number oonly in box 7 on form 1099MISc then enter the corrected number in box 5 on form 1096.



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Old 01-31-2017, 09:47 AM
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Thank You

Thanks for the clarification!



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Old 02-25-2017, 12:30 PM
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Add forgotten 1099 to 1096

A LLC vendor turned out to be a sole proprietor and required a 1099 after the other 1099s and the 1096 were filed.

The instructions for correcting type 1 & 2 errors for 1096 did not include instructions for adding a 1099 that was not included in the original.



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Old 02-25-2017, 01:37 PM
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Originally Posted by brthomas View Post
A LLC vendor turned out to be a sole proprietor and required a 1099 after the other 1099s and the 1096 were filed.

The instructions for correcting type 1 & 2 errors for 1096 did not include instructions for adding a 1099 that was not included in the original.
correct;you need to fill out form 1096 reporting only new information about forgotten returns or corrected returns . you neeed to submit the new 1096 with amounts of the additional and corrected forms. Say, if you reported federal tax on one W-2 Form as $55 and it was really $59, you will write $4 in the federal tax box, not $59.



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