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Some Forms 1099-NEC display incorrect dollar figure

The words "Tax Time", with a background of logos of Office of the Comptroller and the Internal Revenue Service

The Office of the Comptroller is aware that a small percentage of contractors may have received a Form 1099-NEC (“Nonemployee Compensation”) for Tax Year 2022 which displays an incorrect dollar figure total in Box 1 “Nonemployee Compensation”. 

Corrected Forms 1099-NEC will be re-sent to affected individuals by the end of this week. No action is required on the contractor’s part.

If you require this information immediately, please contact the CTR Solution Desk at 617-973-2468. 

We apologize for the inconvenience this may have caused.