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tammie
Feb 23, 2007, 07:46 AM
When you pay a vendor for rental monthly for commercial property and they are LLC, is it required to send them a 1099MISC?
AtlantaTaxExpert
Feb 23, 2007, 11:43 AM
Yes!

A LLC is NOT a corporation, so the rule to originate a Form 1099-MISC for any annual amount paid over $600 applies,