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Home > Money & Services > Taxes   »   1099 Misc

 
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Old Jan 25, 2007, 12:00 PM
tammie
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I have a contractor that provided service to repair a furnace. He invoiced us for labor and parts on one invoice. Is this total amount included on 1099MISC or do you break it down.

Are visiting nurse associations eligible to receive a 1099Misc form with reportable income in box 6?

When a vendor has LLC behind it, do they qualify for a 1099MISC?

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Old Jan 25, 2007, 05:29 PM   #2  
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Put the 1099-MISC just for the labor. Any markup on the parts is profit for the vendor to declare.

Yes, the visiting nurse assn gets a Form 1099 unless it is a corporation.

LLC is a LEGAL entity, not a tax entity. Send them the 1099-MISC.
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Old Jan 26, 2007, 02:05 PM   #3  
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After I sent out all my 1099 to the IRS what do I do next ...
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Old Jan 27, 2007, 12:08 AM   #4  
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You need to send copies of the 1099 to the state tax authorities and to each individual. Retain file copies.
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