Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Industry Discussions
- :
- Practice Advice
- :
- IRS Letter
IRS Letter
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
James214
Level 1
04-10-2021
10:44 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I received an IRS letter looking for income not reported from a 1099 in 2018. The 1099 was made to my name not my corporation name. The money was report on an 1120 return in 2018. The 1099 was supposed to be corrected.
What is the easiest way to handle this. Do I send back the letter with the explanation and attach the corporation return to prove the money was reported? Any thoughts would be helpful.
James Cavalaris
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
BobKamman
Level 15
04-10-2021
11:28 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Isn't it reassuring to know that in these trying times, with millions of 2019 returns not yet processed, IRS is still staying afloat with its CP-2000 operation to pester taxpayers and practitioners during tax season with notices generated by archaic computers? Yes, I would send them a couple paragraphs explaining that it was reported on a corporation return. I wouldn't send the complete 1120, maybe just the first page. If your request to the payer for a corrected 1099 was made in writing, send a copy of that also. If it wasn't, now you know for next time.
