My question has to do with 1099s submitted to vendors (not to the IRS yet). I just realized that the “Payor” name (my company) was misspelled...


Q. (cont.) It still passes TIN matching, but my question is whether all new 1099s need to be resubmitted to the vendors, or does this just need to be corrected when I send my file to the IRS?

A. We spoke with IRS reporting specialist Mr. Estepp (#1001306188), who advised that as long as your company TIN is correct on the 1099s you sent to your vendors, you do not need to resend them. Of course, you will want your company name to be spelled correctly on the file you send to the IRS.

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