Re: Re: Re: Re: Re: Re: Re: Re: Flyingifr...is it time for an ITS? IRS is not the proper forum. maximum fine for issuing a false 1099 is $50 per. IRS resources are stretched too thin going after the working poor over EITC for them to be bothered with this unless you can give them a list of about a million other [people they have done this to.