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    peggyfoz's Avatar
    peggyfoz Posts: 4, Reputation: 1
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    #1

    Jan 24, 2009, 08:56 AM
    Does a Non-Profit issue 1099 to suppliers?
    The following is quoted from the HELP of my business tax software: "If your trade or business operates for gain or profit, you must report the following types of payments on Form 1099-Misc...."
    What about Non-Profits? We are a small health food co-op, incorporated as a Not-For-Profit. Do we have to issue 1099s to our suppliers?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 24, 2009, 09:30 PM
    Yes, you do, unless the suppliers are corporations.
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