In Lesson 14, we talk about amended Forms 1099 and 1042-S, specifically how a payor would amend or correct inaccurate Forms 945, 1099, 1042, and 1042-S, that it has already filed. It walks through how a payor would amend or correct those mistakes in order to mitigate potential penalties. Here, we will focus on information returns on Forms 1099 and 1042-S