Freight and 1099's
Does a company have to issue a 1099 for freight? I believe at one time this was excluded from the requirement. I would assume this is for paying a freight company for hauling.
But what about hiring an individual that provides his own vehicle for hauling? A company hires someone that has his own vehicle and trailer to haul products. or merchandise.
I also encounter this with farmers who hire someone who owns a cattle trailer and pickup to haul the farmer's cattle to market. Would a 1099 be required?
Disclaimer: This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.