Announcement

Collapse
No announcement yet.

Credit Card

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Credit Card

    Trying to get 1099's finished. Was told that Qbooks said you don't have to send 1099 to vendors if pay by credit cards. Income is income no matter how you receive it I thought.
    Any proof of that or thoughts.
    Thank you

    #2
    Correct

    1099K documents payments made by credit cards not 1099Misc

    Comment


      #3
      Have you tried IRS if talking about form 1099. See below

      Last edited by TAXNJ; 01-31-2017, 08:19 AM. Reason: Correct reference
      Always cite your source for support to defend your opinion

      Comment


        #4
        And another opinion for type of form 1099

        Always cite your source for support to defend your opinion

        Comment

        Working...
        X