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1099's and corporations
CFERGUSON
Oct 11, 2007, 08:30 AM
It is my understanding that if my business is a corporation I can ignore any 1099's sent to me? Is this correct
ScottGem
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.