How to File a Corrected 1099

It is only possible to file a corrected 1099 if the original 1099 was previously filed through Yearli and the 1099 must have a status back from the IRS. Premier subscribers can correct prior-year forms, but Core and Performance are only able to correct current-year forms.

The IRS only allows one type of change to be made to a specific form at a time. If you need to change both the recipient information and the amount, you can either void out the original and issue a new form with the right info, or you can make one type of correction first, submit it, wait for a status to come back, and then do the other correction type.

For help with what corrections to make when you get a "correction needed" status, please see the Correction Needed - How to Fix 1099 TIN or Date of Birth Validation Failures article.

Correcting Payer Information

The IRS does not allow payer information to be corrected electronically. To make a payer correction there are two options:

1. Void the original 1099 and file a new 1099 electronically.
   • Steps for voiding the incorrect form can be found at the bottom of this article.
2. To correct payer information without filing a corrected 1099, a letter can be written to the IRS. 
   • For full information on the letter requirements, please visit IRS Publication 1220 and review the corrected returns section.
   • If you choose to have the changes made via letter, in place of the TCC, you can write a short statement that Greatland transmitted the forms on your behalf.

For additional information on correcting payer information, please contact the IRS at 1-866-455-7438.

Manually Entering a Corrected 1099

1. Log in to Yearli.
2. Click on the Corrections button (Under Getting Started) on the Home page.
3. Select Start Data Entry Correction.
4. If applicable, select the tax year from the drop-down menu.
5. Select the 1099 form type.
6. Select the Correct button for the specific type of correction needed.
7. Select the payer. Click Next.
8. Select the recipient(s) to be corrected.
9. Click Add To Forms.
10. Select the payer and click Form List.
11. Click Edit to open the form and make the necessary changes.
    • If you are editing the recipient information you may need to click edit at the top of the recipient section to unlock those fields.
12. Click Save.
13. Click Back to go back to the Forms List.
14. Repeat until all corrections have been made.
15. Click Back to go to Select Forms.
16. Select the payer(s).
17. Click Start E-File.
18. Select the service(s).
19. Click Next.
20. Proceed through the checkout process.

Importing a Corrected 1099

1. Log in to Yearli.
2. Click on the Corrections button on the Home page.
3. Click on Start Import Correction.
4. Select the tax year to be corrected from the Tax Year drop down list.
5. Click on the 1099 form type.
6. Select the type of correction to be made.
7. Select the payer. Click Next.
8. Select the recipient(s). Click Create Export File.
9. Open the file and enter the information. 
10. Save the file.
11. On the Corrections screen click Browse for File.
12. Select the file to import.
13. Click Import.
    • A text box will appear explaining you will see a popup when the import is complete.
    • Optionally, enter your email address to get an email notification, so you can leave the site.
14. Click "start import"
    • You will be returned to the home page, and can continue to use the site.
    • When the import completes, a popup will appear in the upper right corner. It will tell you if the import is complete or encountered errors, and will have a link to whichever page you'll need to be on to continue the process.
      • If you entered an email address, you will also get an email.
15. Click the link in the popup to continue.
16. Select the payer(s).
17. Click Start E-File.
18. Select the service(s).
19. Click Next.
20. Proceed through the checkout process. 

Correcting a 1099 through E-file History When Receiving 'Correction Needed' Status

1. Login to Yearli.
2. Click on E-File History.
3. Click View Detail for the 1099 filing needing corrections.
4. Click on View Correction Needed in the Service Status section.
5. Click the Fix button in the window that appears.
6. Select the Start Data Entry Correction option.
7. Select the recipient(s) that need corrections and click Add to Forms.
8. In the Select Forms screen, check the box next to the Payer Name and click Form List.
9. Click Edit next to the recipient you need to correct.
10. Proceed to enter the correct data and save the form.
11. Click back to return to the recipient screen.
12. Repeat steps 9-11 as needed.
13. Once finished, click back to return to the Select Forms screen.
14. Click Start E-File and proceed through the rest of the filing process.

Voiding a 1099

Voiding is used for making changes to payer information (see "correcting payer information" above), and to "cancel" forms filed in error, such as duplicates or forms sent to the wrong individual. You can import this correction as well by following the import instructions above.

1. Log in to Yearli.
2. Click on the Corrections button (Under Getting Started) on the Home page.
3. Select Start Data Entry Correction. 
4. If applicable, select the tax year from the drop-down menu.
5. Select the 1099 form type.
6. Select the "Correct Amount or Filing" button on the right to make changes to the amount.
7. Select the payer.
8. Click Next.
9. Select the recipient(s) to be corrected.
10. Click Add To Forms.
11. Select the payer.
12. Click Form List.
13. Click Edit to open the form and enter zeroes in all reported money fields.
14. Click Save.
15. Click Back to go back to the Forms List.
16. Repeat until all corrections have been made.
17. Click Back to go to Select Forms.
18. Select the payer(s).
19. Click Start E-File.
20. Select the service(s).
21. Click Next.
22. Proceed through the checkout process.