Hi all,
A client sent me 1099-MISC for 2010 that includes in its total a payment that was actually made in 2011 (although it's for services rendered in Dec
2010). It appears to be a clerical error and I have a reason to believe they'll report the money again in 2011. I've contacted the company but, this being a large organization, I just know that no one cares about anything, most especially service providers, and my request to correct the form will either get completely ignored or it will come too late. In addition, this year I'm trying to file a bit earlier because of college financial aid deadlines involved (March 1st).I understand that IRS has a form that needs to be filed if there is an error in a W2 or 1099 (Form 8275?) but they cannot accept that form electronically. Is this correct?
Can someone think of another way to handle the situation quickly (other than paying almost $500 in extra Fed+State+Local taxes).
I'm using TurboTax Home & Business to prepare and e-file.
Thanks!
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