How do I correct an EIN on an already-filed 1099-NEC?

Hello, @waspnest.

Allow me to share some information about correcting an EIN on an already filed 1099-NEC.

You will have to submit the correction through a manual filing process.

To begin, prepare the correct form. Identify what form to use and make sure to fill it out with accurate information. By doing this, the exact employment taxes for that period would be displayed and accurately represented.

Moreover, feel free to refer to this article if you're unable to print, email, or save as a PDF from QBDT: Troubleshoot PDF and Print problems with QuickBooks Desktop. It contains multiple suggested steps on how to resolve printing issues.

If you have any more queries about correcting an EIN on an already filed 1099-NEC, please keep me updated.

You stated: "To begin, prepare the correct form. Identify what form to use and make sure to fill it out with accurate information. By doing this, the exact employment taxes for that period would be displayed and accurately represented."

A) It looks like I can go in and create another batch of 1099 with just her form in the batch. That much I follow.

B) you mentioned employment taxes, which have nothing to do with 1099s

Then you linked an article that talks about 941s, which isn't relevant here.

Then you mentioned "any more queries regarding the process of managing incorrectly filed payroll forms" which I never asked about in the first place.

If I create another 1099 just for her, do I mail it with another 1096? What will the IRS do with 2 separate, different 1096 forms from us? How do I void or cancel out the incorrect 1099?

Hi there, @waspnest.

We understand the importance of canceling out an incorrect 1099 form that's already been sent. You're correct that employment taxes are not related to 1099 forms. We appreciate you bringing this to our attention.

To answer your question, if you create another 1099 form just for your customer, you'll need to mail it with a separate 1096 form. The IRS will process both forms separately, and having two different 1096 forms will not cause any issues. 

If you need to correct a form with a Future Scheduled Date, you can change the form instead of creating a corrected one. These corrections are allowed after submitted forms but have not yet been e-filed with the IRS.

Take note there's no option to void or cancel an e-filed form. You'll have to file Type 1 or Type 2 corrections electronically in Tax1099.com. You can use the chart in this article to determine what type of correction you need to file: Different types of 1099 corrections after forms have been submitted.

Please let us know if you have any further questions or concerns besides correcting already-filed 1099s in QuickBooks Desktop. I'm always here to assist you.

I am wondering this too.  According to the tutorial video on the QB help search....it is possible to edit it yourself (if you filed online).  It looks simple but the option to "correct" does not show on my account like it does on the video.  Really frustrating that you can't speak or live chat with someone.

Any suggestions would be greatly appreciated!

You are correct when you mentioned that you can submit corrected forms through QuickBooks, TWilcoxLBB. However, we don't have an exact date with the correction feature that will be available in mid-February. Allow me to discuss in detail below.

Currently, QuickBooks is finalizing the correction feature to ensure it integrates seamlessly with your existing workflow. When preparing for corrections, it's important to consider several key points to ensure a smooth process once the feature for correcting 1099 forms is launched.

We can take note of the following considerations:

1. When preparing for your corrections to be submitted, you have to use the same submission method as the original filing.
2. Make sure to update your contact's information and payment details in QuickBooks
3. Corrections are only possible for forms that are marked as Accepted by IRS.
4. You have up to three years from the original e-filing date to make corrections.

By following these guidelines, you'll be well-prepared to make any necessary corrections once the feature becomes available. This process is designed to ensure accurate tax reporting while giving you ample time to address any issues that may arise along the way.

In addition, you can also get in touch with our QuickBooks Support team if you want further clarifications that requires real-time assistance. They have the access and the tools to do so. 

Moreover, you can make use of this article if you want to set up on printing your 1099 forms in QuickBooks Desktop (QBDT): Print your 1099 and 1096 forms 

We're working diligently to ensure the correction feature meets your needs. If you have any further questions, please don't hesitate to reach out by clicking the Reply button to re-engage on this thread. Have a nice day.