Is a 1099 Misc required?

Collapse
X
Collapse
 
  • Page of 2
  • Time
  • Show
Clear All
new posts
Previous 1 2 template Next
  • Gary2
    Senior Member
    • Aug 2010
    • 2066
    #16
    Originally posted by JohnH
    I would never recommend issuing a 1099 to a corporation unless it is required by law for some other reason.
    Other than the cost of creating the filing, are there specific negatives to issuing a 1099 to a corporation that prompts you to say that? If the tax prep fee weren't an issue, is issuing one "just to have a good paper trail" a bad idea?

      Comment

      Previous 1 2 template Next

      Disclaimer

      Collapse

      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.

      Working...