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IMPORTANT NEWS ON SSA 1099s


kcjenkins

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Tuesday News Flash from the California Society of Enrolled Agents at 1:15 today,

Good afternoon.

CSEA has learned of a Social Security Administration (SSA) error affecting 1099s mailed in January to approximately 2.9 million SS recipients.

The error, which appears to be nationwide, seems to affect SS recipients with Medicare deductions (Part D). The SSA has been made aware of the problem and plans to run corrected 1099s at the end of this week. No official press announcement has been made, although SSA spokesperson Leslie Walker, Regional Communications Director for

California, confirmed to CSEA that the error has occurred and will be corrected. According to Ms. Walker, corrected 1099s should be received no later than January 29.

If you have clients who have received 1099s from the Social Security Administration, check the forms carefully before proceeding.

The California Society of Enrolled Agents will continue to monitor the situation and inform you of any updates.

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