1099-NEC Form Dollar Amounts

Incident Report for Wave

Identified

We have identified an issue leading to overstated dollar amounts on some 2025 1099-NEC forms. Forms have been filed timely in light of the January 31st filing deadline, and Wave is actively working through corrections where needed.
Posted Jan 30, 2026 - 18:04 EST

Update

We are continuing to investigate the reported issue regarding the dollar amounts on 2025 1099-NEC forms for some Wave Payroll customers. Thank you for your ongoing patience.
Posted Jan 30, 2026 - 14:52 EST

Investigating

We are currently investigating a reported issue regarding the dollar amounts on 2025 1099-NEC forms for some Wave Payroll customers.
Posted Jan 30, 2026 - 10:27 EST
This incident affects: Payroll.