Correcting 1099's

[Richard Anderson]

We issued two 1099's with incorrect distribution amounts. After we issue corrected 1099's, I'm unsure about what to do about the 1096 that was filed with an incorrect total.

Do I file a corrected 1096 that has a new corrected total, that includes all distributions, not just those that were corrected? Or do I show on the corrected 1096 just the total of the two corrected 1099's? Also, the Form 1096 does not have a box to mark showing that it is a correction. Do I write "correction" on the Form 1096 or what?

The two incorrect 1099's had no withholding, so the 945 does not need to be corrected. Is there anything else other than issuing corrected 1099's and 1096 that I should do.

[This message has been edited by Richard Anderson (edited 03-21-2000).]