Home / Blog

Filing Corrections Instead of Filing Late

In a perfect world, all of the information you need would be easy to find or readily available when you need it. In that same world, you would be able to file your information returns to the IRS with total confidence that your forms were perfect. 

Since this is not a perfect world, sometimes you have to do your best.

Let’s say you are approaching the deadline to file your information returns and you don’t have all the information you need. What do you do? 

Maybe you do have some information but you aren’t sure if it is correct. Maybe you really have been trying to get the information you need but the vendor just won’t return your call.

What do you do? Here’s what you should do.

You should file your forms anyway.

Are you surprised we said that?

Filing timely is more important than getting everything right the first time.

You will pay a penalty if you file your information returns late. However, there is NO PENALTY for filing corrections. The IRS allows you to file corrections and they are not considered late.

Now, let’s talk about one of the most important benefits of e-Filing with companies like

With Wagefiling you can file a correction ANYTIME on all 1099 NEC and 1099 MISC forms.

So you can file on time, make corrections later, and avoid late penalties.

Pretty great, right?

Wagefiling also stores your past forms in your account. This makes it very easy for you to pull up forms that need to be corrected and then easily file the corrections.

Visit to get started. You will be amazed at how easy we make it to file your W2 & 1099 forms.