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    michele318's Avatar
    michele318 Posts: 1, Reputation: 1
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    #1

    Jan 26, 2009, 11:50 AM
    1099s for corporations
    Why don't corporations get 1099s
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Jan 26, 2009, 12:30 PM
    Not sure. I suspect it has to do with the massive increase of 1099 report that would result if corporations had to generate 1099s for every payment between corporations. The system would become so large as to lose any value in providing an audit trail.

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