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-   -   Does a company need to report 1099 for company in puert rico? (https://www.askmehelpdesk.com/showthread.php?t=540862)

  • Jan 5, 2011, 10:59 AM
    JORGEPOSADA
    Does a company need to report 1099 for company in puert rico?
    Does a company need to report 1099 for company in puert rico?
  • Jan 5, 2011, 11:34 AM
    MukatA

    No you do not issue 1099-misc to a corporation.
    Yes, if it is partnership or sole proprietorship.
  • Jan 5, 2011, 11:42 AM
    JORGEPOSADA
    How about the partnership or sole proprietorship is in puert rico?
  • Jan 6, 2011, 07:12 AM
    AtlantaTaxExpert
    Yes, the Form 1099-MISC must be generated by such business in Puerto Rico, which is a commonwealth of the U.S. and thus subject to federal tax laws of the United States.

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