how far back can you file on 1099 OID?
- 1 month ago
You file any 1099 with the year it was received for. Any tax refund is forfeit after 3 years from the original filing date. Example: 2016 taxes were due 4/15/17. So 4/15/20, any 2016 refund not claimed is forfeit.
- Anonymous1 month ago
Since you just asked how to fill one out, I would say never.
Repeat, a 1099-OID is issued by a bank, not an individual. A 1040X with a handwritten 1099-OID will be immediately flagged for review by the IRS as possible fraud.
- Wayne ZLv 71 month ago
1) Per the law, you have up to 3 years to file for a refund.
2) Beware of the "1099 OID Scam" that is out there.
If someone has promised you a lot of money using a 1099OID, it is a scam. There is no large amount of money tied to your Social Security Number at the Treasury.
Filing a return using a false 1099OID is considered fraud and, if someone does it, they can be fined and even tossed into prison.