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Homebuilder 1099

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    Homebuilder 1099

    If a taxpayer hires a custom home builder to build his residence, is the taxpayer required to issue a 1099 to the home builder? Home builder is a Sch C, not incorporated. Should the taxpayer require a W9 from the homebuilder?

    #2
    If customer is "not in a business" no 1099

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