- Membership
- Certification
- Resources
- Events
- Community
- About
- Help
Do You Need to Amend Prior-Year 1099s for Uncashed Checks?
September 2, 2026
Q. A 1099 vendor check was issued and reported on the 2020 1099 form. In 2026, the vendor stated they never cashed the check, and we need to reissue it. What do we need to do regarding the original reportable amount? Do we have to keep track of all voids/reissues from prior years and adjust the amount in the reissued year, or is the vendor responsible for handling this on their end?
For example, we issued payments in 2020, 2022, 2023, and 2024. The vendor did not cash the checks and did not…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
