Form 1099-MISC

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Academy Tax
    Junior Member
    • Jun 2013
    • 19

    #1

    Form 1099-MISC

    An individual was paid $1500 in rents and $500 in non-employee compensation by S-Corp client. The instructions suggest the $600 threshold is applied to separately to each box. Is this correct, i.e. the $500 payment is not reported?
Working...