1099s for corporations

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Feb 22, 2007, 07:29 AM

bpierce7

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Join Date: Feb 2007

Posts: 1

1099s for corporations

I hire freelance writers and generally send them 1099-misc forms. Some of them have incorporated as type S corporations. I understand that I don't have to send a form 1099-misc to corporations I paid. Is there some other form to send to an incorporated individual? We'd like to make sure we agree on how much they were paid in 2006 so that their income and my deductions match.

Thanks,

Bob

Answers

Feb 22, 2007, 09:49 PM	#2

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 9,674	You CAN send the Form 1099 to corporations; you are just NOT required by law to do so. Comments on this post DebraCombs agrees: Thank you I am doing my 1099's which by law should have been out by Jan 31st I have 125 customers that are Incorporated, I didn't know if I should send a 1099 or not. One year a customer got mad because I sent him a 1099.

Feb 23, 2007, 07:43 AM	#3

Fr_Chuck Christianity Expert Join Date: Nov 2005 Location: Atlanta GA Posts: 23,472	Yes I would send them to them anyway, it is easier for book keeping, esp if you do it by computer

Feb 23, 2007, 01:57 PM	#4

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 9,674	If fr Chuck agrees, it MUST be right! :-)

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