I should have asked this, so....
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1099
The below was found, copied and pasted from internet.
File Form 1099-MISC (Miscellaneous Income) for each person to whom you have paid:
(1) at least $10 in royalties or broker payments in lieu of dividends or tax exempt interest,
(2) at least $600 in rents, services, prizes and awards, other income payments, and medical and health care payments,
(3) any fishing boat proceeds,
(4) direct sales of at least $5,000 of consumer products to a buyer for resale,
(5) accrued wages, vacation pay, and other compensation paid to an estate or beneficiary after the date of death of a deceased employee,
(6) at least $600 in remuneration to independent contractors,
(7) at least $600 in remuneration to directors, or
(8) from whom you withheld any federal income tax under the backup withholding rules regardless of the amount of the payment.Last edited by RLymanC; 12-15-2006, 10:41 PM.Confucius say:
He who sits on tack is better off.
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