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    CFERGUSON's Avatar
    CFERGUSON Posts: 1, Reputation: 1
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    #1

    Oct 11, 2007, 08:30 AM
    1099's and corporations
    It is my understanding that if my business is a corporation I can ignore any 1099's sent to me? Is this correct
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Oct 11, 2007, 08:40 AM
    Why would you think so? A 1099 is a statement of income. If you received income from the 1099 issuer you can't ignore it.

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