3 ms·
(not from the article) but from a quick google search... "businesses that contract with S Corps do not need to issue them a Form 1099-MISC" I'm an s-corp, and
by mgkimsal 4y ago
(not from the article) but from a quick google search...
"businesses that contract with S Corps do not need to issue them a Form 1099-MISC"
I'm an s-corp, and yet I still have people 1099ing me. It's more annoying than anything because I get all my tax stuff done quickly, and someone will send out a late 1099 with slightly different numbers (typically error on their end) and... I've just given up caring about that.
"You don't send 1099s to your landscaping service, or your office supply store purchases, or the energy company, but you've contracted services with them." "Oh, but you're a person"... with an s-corp registered for 10+ years and a separate employer TIN.