4 ms·
That was my thought too. If I buy a car, do I have to send the dealership a 1099? Worse yet, if I spend $601 on gas at the same gas station in $30 chunks, do
by ratsbane 17y ago
That was my thought too. If I buy a car, do I have to send the dealership a 1099? Worse yet, if I spend $601 on gas at the same gas station in $30 chunks, do I have to keep track of the receipts at the end of the year and send them a 1099? What if it's at three different gas stations all owned by the same company. How do I know? Ask for their EIN every time I pay? This would be a complete disaster. Surely this isn't what the bill actually requires?
- hga 17y agoOnly if it's a company car. And, yeah, this would get into quite a mess. If your company was large enough and paying for the gas, they'd pretty much have make you use a card that would allow them to consolidate the payments with all the other company cars to know if they have to send 1099s.
- deleted 17y ago[deleted]