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-   -   Does a Non-Profit issue 1099 to suppliers? (https://www.askmehelpdesk.com/showthread.php?t=307909)

  • Jan 24, 2009, 08:56 AM
    peggyfoz
    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?
  • Jan 24, 2009, 09:30 PM
    AtlantaTaxExpert
    Yes, you do, unless the suppliers are corporations.

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