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View Full Version : Am I required to file a 1099 to myself?


GlenWill
Feb 22, 2010, 06:31 PM
I have two different Sch C businesses. One pays the other for my services. Am I required to issue a 1099-Misc form to myself?

AtlantaTaxExpert
Apr 22, 2010, 10:22 AM
Negative.

In fact, preparing TWO separate Schedule Cs is a waste of time; combine the business activities under ONE schedule C unless the two activities are clearly different in nature.