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Category: W2/1099 Information

How do I correct the payer information on an accepted 1099?

According to IRS regulations, if a payer discovers any errors in reporting the payer name, address, and/or TIN, they must write a letter to IRS/ECC-MTB.

 

The letter must contain the following information:

o             Name and address of payer

o             Type of error (please include the incorrect payer name/TIN that was reported)

o             Tax year

o             Payer TIN

o             TCC (TaxSlayer Books' TCC is 50E30 )

o             Type of return

o             Number of payees

o             Filing method, paper or electronic (electronic in this case)

o             Was Federal income tax withheld

 

Send the letter to:

                IRS-Enterprise Computing Center - Martinsburg

                Information Reporting Program

                230 Murall Drive

                Kearneysville, WV 25430