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-   -   Should a 1099 be issued based on a cash or accrual basis? (https://www.askmehelpdesk.com/showthread.php?t=725656)

  • Jan 2, 2013, 02:01 PM
    DanBeach19
    Should a 1099 be issued based on a cash or accrual basis?
    Should a 1099 be issued based on a cash or accrual basis? Can't find any data in IRS documents.
  • Jan 2, 2013, 03:12 PM
    AtlantaTaxExpert
    MOST of the time it is CASH basis, since most businesses operate on a CASH basis.

    The accounting basis of the business dictates how the 1099 is issued.

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