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    222444's Avatar
    222444 Posts: 1, Reputation: 1
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    #1

    Feb 3, 2010, 11:49 AM
    Can I Send out a 1099.
    I received a 1099 M for work that I hired a contractor to do. Can I send that contractor a 1099 M to offset the income I made? I am not set up as a business. If so would I use my ss# where tax id# is asked for?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 4, 2010, 12:02 AM

    Yes, if you paid $600 or more to a contractor, you must issue 1099-misc. Also you have IRS reporting requirement. You can get forms at office supply shops.

    Yes, use your name and SSN.
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