1099 forms with outdated address - Do I need to request corrections?

Does this apply to state taxes too? I'm in a similar situation but I moved to a different state in December. My 1099s have my old address in the previous state. Will this cause problems with state filing?

For state taxes, it's a bit more complicated if you moved between states. You'll likely need to file part-year resident returns for both states. The address on the 1099 doesn't determine which state you pay taxes to - it's based on where you actually lived when earning the income. For your situation, you'll want to track which income was earned while in each state. Most states will require you to report all your income on both returns, but then you'll get credits or adjustments so you're not double-taxed. Check the specific rules for both states involved since they can vary significantly.

How exactly does this tool work? Can it actually check if forms are filled out correctly or is it just general advice?

Sounds interesting but I'm skeptical. I tried using TurboTax's document review and it gave me conflicting information about my 1099s. Does this actually catch real issues or just general stuff any tax software would tell you?

The tool works by analyzing your uploaded tax documents like 1099s, W-2s, etc. It uses AI to review the forms for accuracy, potential errors, and gives specific feedback on your actual documents rather than just generic advice. Unlike general tax software that mostly just transfers numbers into your return, taxr.ai specifically focuses on analyzing the documents themselves for errors, inconsistencies or opportunities. It caught that my mileage deduction was way under-reported based on the business locations in my documents, which saved me over $800. It's definitely more specialized than what you'd get from regular tax prep software.

Wait, how does this actually work? I thought it was impossible to get through to the IRS without waiting for hours. Is this some kind of premium service that costs extra?

This sounds like BS honestly. Nobody can magically get you through to the IRS faster. The phone systems are all automated and everyone gets put in the same queue. What's the trick here - they just keep redialing for you or something?

It's not a premium IRS service - it's a system that navigates the IRS phone tree and waits on hold for you. When they finally get through to a real person, you get a call back to connect with the agent. It basically does the waiting for you so you don't have to stay on the phone for hours. Yes, part of it is persistent redialing using their system that knows the optimal times and phone tree options. When I used it, their system got through on what was apparently my 12th callback attempt according to the notification I received. The IRS phone system is badly overloaded but this service just handles all the redial attempts and hold time automatically.

So what happens to tax documents that might get mailed to the old address? I'm worried about missing something important from the IRS.

That's a legitimate concern. You should file a change of address with USPS if you haven't already, as they'll forward your mail including tax documents for a period of time (typically 12 months for first-class mail). More importantly, file Form 8822 with the IRS directly to update your address in their system. This ensures any notices or correspondence from them will go to your current address. You can download it from irs.gov and it's a simple one-page form. Also make sure to update your address with your state tax agency separately, as the federal update doesn't automatically transfer to state systems.

That's a much bigger issue than just an address problem! Companies are supposed to issue 1099s by January 31st, but they can submit corrections anytime. For an incorrect payment amount, you should definitely contact them ASAP and request a corrected form. If they won't fix it, you'll need to report the correct amount on your return and include a statement explaining the discrepancy.

Thanks for the professional perspective! This is really helpful. I'm curious - when you say "keep copies of all those 1099s," how long should we actually hold onto tax documents like these? I know there are different retention requirements for different types of records, and I want to make sure I'm not throwing away something important too early or hoarding paperwork unnecessarily.