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NY Form 1099-OID: What You Should Know
There is no dispute process, and it is a two-way street — If you do not agree with an amount on Form 1099-OID, do not file a dispute of tax return and file a new one. However, if one of the owners of an investment shares the amount of DID, they will have a claim to the amount and should file a copy of the form with the IRS.
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How to complete a NY Form 1099-OID?
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