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-   -   1099-MISC Laymens Assistance (https://www.askmehelpdesk.com/showthread.php?t=307147)

  • Jan 22, 2009, 09:49 AM
    Justwantfair
    1099-MISC Laymens Assistance
    This is my first year filing 1099s for a business. Can I get a laymens course in who/when you send a 1099-MISC. Is Box 7 appropriate? Do you send 1099s to legal firms for legal expenses that a business incurrs?
  • Jan 22, 2009, 11:20 AM
    AtlantaTaxExpert
    There are detailed IRS instructions on how to prepare and to whom to send the Forms 1099-MISC. I suggest you read them.

    If the law firm is a corporation, then a Form 1099 is NOT required. Otherwise, yes, send them the Form 1099 for expenses over $600 annually.

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