The IRS electronically matches the information you report on your tax return with what’s reported by others on documents such as W-2s and 1099s. If there are discrepancies, your return may be flagged for closer scrutiny by the IRS. When we prepare your return, be sure to tell us about all income, even if you didn’t receive a form. Just because you didn’t receive a form doesn’t mean the income wasn’t reported to the government. The payer may have failed to send yours, or it may have gotten lost in the mail. If you receive an incorrect 1099 or W-2, ask the payer to issue a corrected copy. In some cases, you may want to file an amended tax return. We can answer any questions.
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