I just received my form 1099 Misc. from my employer. On box 7, "nonemployee compensation" it shows a greater amount from what I really earned. My employer says that the company already filled their taxes and that there is nothing that he can do. What must I do or what should they do to correct my form 1099 Misc? I would appreciated if anyone can provide a link to where I can find this information.
2007-02-05 16:30:37 · 2 answers · asked by V 3 in Business & Finance ➔ Taxes ➔ United States
I don't know if it makes any difference; I live and work in Los Angeles,CA
2007-02-05 16:32:37 · update #1
ask your CPA
2007-02-05 16:39:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
lasy companies. They can correct their 1099's, it happens! That is why companies can re-submitt correct 1099s. How much of a difference is it? Even if they filed their tax return, it is not much correcting it. Do you have your own breakdown or taxable and non-taxable payments you received from your employer?
2007-02-05 17:01:55 · answer #2 · answered by azchtou 3 · 1⤊ 0⤋