- Knowledge Base Categories:
- School Accounting System
- Accounts Payable
- End of Calendar Year
FAQ: I submitted 1099s to the IRS, but included a vendor that should not have been; how do I correct this?
To correct a 1099 form that was submitted electronically to the IRS for a vendor that should not have had one issued (and submitted), complete the following steps for the vendor:
- Within the Vendor 1099s option, edit the vendor’s 1099 on the 1099-NEC tab or the 1099-MISC tab (whichever is applicable) and zero out the 1099 amounts; then save the changes.
- Reprint the applicable copies of the 1099 form for the vendor, being sure to select the Print Corrected 1099 field to have an X print in the Corrected box on the reprinted 1099 form.
- Submit a corrected file for the one vendor from the IRS Submissions screen within the Vendor 1099s option; refer to the Submitting Corrected 1099s Electronically to IRS topic in the Help File for detailed instructions.