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Who Gets a 1099 MISC? What You Need to Know About Contractors


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If the payments were for personal services, you don’t need to file a 1099.
In this case, you don’t’ need to file a 1099-MISC because the kitchen remodeling was for personal, not business reasons.
Working with S-Corps, C-Corps and LLCsIt’s a common belief that businesses don’t need to send out 1099-MISC forms to corporations.
In general, you don’t have to issue 1099-MISC forms to C Corporations and S Corporations.
If the W-9 indicates they are an LLC that is taxed as a sole proprietorship, you need to send a 1099. | To read full story, visit https://startuparound.com/read/1576513812.7630765/Who-Gets-a-1099-MISC?-What-You-Need-to-Know-About-Contractors?ref=audio_experience
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