Late Corrected 1099s and K-1s
Due to the recent major changes to the tax law, there have been more instances of issuers sending corrected versions of Forms 1099 and Schedules K-1 for the 2018 tax year, sometimes long after the original versions were issued. As practitioners enter the final stretch of preparing 2018 tax returns that are on extension, they should ask clients who are on extension if they have received any such ...