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mstrena
Jan 8, 2009, 08:33 PM
I have one employee and I am clueless as it relates to sending out 1099 form. I have and Occupational Therapy Business and it is an LLC. My employee made over $2000 this year. Who do I need to send the 1099 form too. I am guessing my employee and the IRS, but I am not sure. Also, are there any companies that can do this service for me? or Do you think that it is best that I do it my self since I have one employee? Thanks.

MukatA
Jan 9, 2009, 12:23 AM
Do you have an employee or an independent contractor?
To employee you give W2.
To contractor you give 1099-misc (must if income is $600 or more).

AtlantaTaxExpert
Jan 12, 2009, 08:16 AM
Forms 1099-MISC must be sent to the contractor, the IRS and the state tax authority. If the city/county has an income tax, they need to be snet copies as well.

Same applies to the Form W-2.