kjm1059
Level 3
03-11-2020
08:36 AM
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As the employer, a 1099-MISC was issued incorrectly to an individual that showed an amount in Box 7 (non-employee compensation) that should have been reported in Box 3, Other income.
A corrected 1099 was sent to the individual showing the amount in Box 3 and the "Corrected" box checked off.
In terms of reporting the correction to IRS, do I simply file a 1096 accompanied by the corrected 1099? And is this reported in paper format?
Any thoughts/recommendations are appreciated.
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