Legal Question in Tax Law in New York

1099-misc

I just did my taxes yesterday, april

10th and so today I receive another

1099 tax return document in the mail.

Is it illegal to receive one this late? and

what can I do? Do i file it on next year's

taxes or pay more to do this one?


Asked on 4/12/07, 6:40 pm

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: 1099-misc

If it is material in amount you should amend your income tax returns. If you do not, it is highly likely that the Internal Revenue Service will make the necessary adjustment and collect the additional tax from you, without penalty.

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Answered on 4/13/07, 8:48 am


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