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 “Filings.”
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.”
From the next dropdown menu, select “Incorrect Form.”
Choose the correct form from the dropdown menu.
Next, click “Create Correction.”
You can then select and complete your correct form, in this case, a 1099-MISC.
Click “Save and close” when you’re satisfied with your correction.
You’ll return to the Filings page and see your new, corrected 1099-MISC.
If you want to view your original 1099-MISC, select “View Original” in the dropdown menu on your Filings page.
You’ll be able to eFile your corrected form again in the Helper by clicking on “Checkout” in the dropdown menu.
You’ll also 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.