Wave incident

1099-NEC Form Dollar Amounts

Minor Resolved View vendor source →

Wave experienced a minor incident on January 30, 2026 affecting Payroll, lasting 28d 5h. The incident has been resolved; the full update timeline is below.

Started
Jan 30, 2026, 03:27 PM UTC
Resolved
Feb 27, 2026, 09:04 PM UTC
Duration
28d 5h
Detected by Pingoru
Jan 30, 2026, 03:27 PM UTC

Affected components

Payroll

Update timeline

  1. investigating Jan 30, 2026, 03:27 PM UTC

    We are currently investigating a reported issue regarding the dollar amounts on 2025 1099-NEC forms for some Wave Payroll customers.

  2. investigating Jan 30, 2026, 07:52 PM UTC

    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.

  3. identified Jan 30, 2026, 11:04 PM UTC

    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.

  4. identified Feb 17, 2026, 09:04 PM UTC

    We’ve identified an issue leading to incorrect dollar amounts on some 2025 1099-NEC forms. All original forms were filed by the January 31 deadline, and Wave is actively working through corrections where needed.

  5. resolved Feb 27, 2026, 09:04 PM UTC

    Wave had previously identified some 2025 1099-NEC forms with incorrect dollar amounts. All original forms were filed by the January 31 deadline, and Wave has now generated and filed corrections for the impacted 1099-NEC forms. Amended forms are available in Wave accounts.