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    hweddle's Avatar
    hweddle Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 25, 2008, 08:41 AM
    1099-M to Individual/Sole Proprietors
    Does everyone who marks Individual/Sole proprietor on their W-9 get a 1099-M sent to them if over $600? If not, what is the best way to determine who gets one and who doesn't?

    Thanks!
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Mar 26, 2008, 11:04 PM
    In general, all individuals and partnerships (not corporations) get a 1099-MISC for non-employee compensation. But the more specific rules are here:

    http://www.irs.gov/pub/irs-pdf/i1099msc_07.pdf
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