Corrected Form 1096 - Which 1099 Copies to Attach?
See original discussion at http://www.taxalmanac.org/index.php/Discussion:Corrected_Form_1096_-_Which_1099_Copies_to_Attach%3F
This may be a dumb question, but I'm finding the instructions to Form 1099 very unclear.
I have a client that filed 14 Forms 1099-MISC and Form 1096. It turns out one of the vendors did not received any 2010 payments and shouldn't have received a 1099, so the client should have filed only 13 Forms 1099-MISC.
I sent the vendor a corrected 1099 with zero in box 7 and the Corrected box checked. I believe I also need to file Copy A of the corrected 1099 with the IRS along with an amended 1096. My questions are:
Do I also need to attached Copies A of the other 13 1099s, which are correct, or do I just include the one 1099 that changed?
In box 3 of the corrected Form 1096, should I put 1 for the corrected form attached, or 13 for the total that should have been filed, or 14 for the total filed, including the one with a zero amount?
In box 5 of the corrected Form 1096, should I put just the amount for the corrected 1099 (zero, if I just attach that one) or the new amount (the total of what all the Form 1099 should have been)?
Thanks for any help.
( Asked 04/25/11 04:39 PM in TaxAlmanac, Views by community 272 )