The IRS asks for different corrective actions based on the type of error you’ve made.
You can find detailed instructions at the IRS website, but here is a step-by-step guide to correcting a 1099 Form after filing an incorrect Form. For example, if you filed a 1099-NEC but should have filed a 1099-MISC, simply follow the steps below:
First, from your dashboard, go to “Forms.” NOTE: Forms must be in the "Accepted" status to eFile a correction.
Next, find the 1099 Filing you’d like to correct. In this case, we’re correcting a 1099-NEC.
Next, under the “Actions” menu, select “Correction.”
You'll see the following screen and click "Create Correction."
From the next dropdown menu, select “Incorrect Form.”
Choose the correct form from the dropdown menu.
Next, click “Create Correction.”
You'll see the following screen and click "Continue."
You can then select and complete your correct form, in this case, a 1099-MISC.
Click “Complete Correction” when you’re satisfied.
You’ll see the following screen and choose from the options. Here, we're returning to the Forms page.
You'll see the new 1099-MISC in your Forms page:
If you want to view your original 1099-MISC, select “View Original” in the dropdown menu on your Forms page.
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You’ll receive an email confirming your form(s) were processed by the IRS; however, it may take the IRS up to 4 weeks to process during periods of high demand.
Good on you! You’ve corrected a 1099 form for an incorrect form filing.