Log in

View Full Version : 1099 Received after already filed


mh73
Apr 2, 2007, 03:11 PM
Hi All,

I was just notified that I would be receiving a 1099 from the employer I started working for at the tail end of 2006. I probably should have anticipated getting one, but I didn't and already filed my return.

What should I do once I get the 1099? I didn't make a whole lot of money last year and the 1099 will likely be for under $800.

Thanks in advance for your help!

Mh

Fr_Chuck
Apr 2, 2007, 03:15 PM
File an admended tax return with the addition income on it.

mh73
Apr 2, 2007, 03:22 PM
Thanks Chuck!

I appreciate it!

Mobea
Apr 2, 2007, 09:22 PM
Chuck is right. The IRS wants you to report ALL of your income whether you received a 1099 or not. You knew that you earned that money before you got a 1099, so you should have reported it on your original return. So now, alas, you have to file an amended return. If you have additional expenses that you incurred while you were working on that job, you may apply those expenses to your amended return also. @Extra mileage on your vehicle, an extra month of home office expense, supplies, etc.

AtlantaTaxExpert
Apr 9, 2007, 02:56 PM
Agreed!