1099 m

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  • arlo
    Senior Member
    • Feb 2008
    • 285

    #1

    1099 m

    Farmer has agreement with farm owner to split fert. and seed cost. Farmer pay total cost and bills owner for 1/2 the cost. When the owner pays the Farmer does he have to issue a 1099M.
  • Rapid Robert
    Senior Member
    • Oct 2015
    • 1986

    #2
    Originally posted by arlo
    Farmer has agreement with farm owner to split fert. and seed cost. Farmer pay total cost and bills owner for 1/2 the cost. When the owner pays the Farmer does he have to issue a 1099M.
    Is he making a payment for services in the course of a trade or business? "fert. and seed cost" doesn't sound like services to me, but then I'm not a farmer, although I wanted to be one when I was a kid.
    "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
    "That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard

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