You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...
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I asked ChatGPT to explain the difference between W-2s and 1099s like I'm 12 -- here's what it said
Confused about W-2s and 1099s? Here’s a simple breakdown of how they differ, who gets each form and which one may pay more in the long run.
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