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Wrong 1099 form filed with the IRS
March 10, 2023
Q. We filed a 1099-NEC for to the IRS. The correct form should have been a 1099-DIV. My AP system does not support the 1099-DIV. How do I file direct to the IRS to file a correct Form 1099-DIV?
A.
(Answered by IOFM's third-party tax experts)
You need to file a "Corrected" Form 1099-NEC to the IRS (and furnish a copy to the recipient/payee) in order to "zero out" the original 1099-NEC which was filed in error. To file the Form 1099-DIV -- we noted that your email address indicates a bank, so…
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