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Buy nowWe filed our 2024 1099NEC in January electronically via QBO.
2 Contractors received their IRS mailing and noted that their name was not spelled correctly.
The new rules for 2024 filings are that you can only submit a correction using the same method as the original submission... Meaning we are stuck waiting on QB to make this function possible.
We waited for the "Correction" option to be enabled in February. It was released last week. But... You cannot update/change the Name or EIN number yet. There is a flag saying "Correcting the recipient name or TIN is currently unavailable. We are actively working to enable this feature."
It is now March. Contractors are calling every day to know when they will receive the corrected filing. QB must get this function working AASAP as they are well past a 30 day delay in making this work.