Ask Experts Questions for FREE Help !
Ask
    datafi's Avatar
    datafi Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 14, 2011, 07:14 PM
    I am in sales and get a 1099. Can I give another person a 1099 for getting leads?
    I sell software and the software company gives me a 1099. Can I get other salespeople to sell the software, pay them a portion of what I get paid, and give them a 1099? I am not a business.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,304, Reputation: 7692
    Expert
     
    #2

    Oct 14, 2011, 07:17 PM
    Actually yes you are a business, that is basically what a 1099 worker is, You are a independent contractor who has their own business and sells a company product. In return they pay you for that.

    So yes, in fact if you are paying them, you are are required to give a 1099 if it is over a certain amount. ( used to be 400 dollars a year, but I have not keep up with the current amount)

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can a person receive a w2 and 1099 from same co? [ 2 Answers ]

Just a quick question.

Can by boss give me a 1099 and then change his mind and give me a W-2? [ 2 Answers ]

I worked for over a year for an attorney who classified me as "contract" employee. Under the law, I was not a contract employee, but I needed the job and kept my mouth shut. The attorney is suffering from early onset Alzheimers and I quit the job. Now I can't get a correct 1099 and I've asked...

1099 for foreigners for product sales? [ 6 Answers ]

I have a business selling how-to guides online in a downloadable format. Some of the guides are written by foreign authors. We pay them 50% for product sales each month via PayPal. For our US-based authors that make over $600, we provide a 1099-MISC. My question is, do I need to provide a...

Can you give me tips on being a good sales person? [ 4 Answers ]

Ive pretty much always been a server but I wanted to change it up a bit and just recently got a job at a very nice tanning salon. So nice were ranked top 10 in the nation. I love it so far and there so good at training people that I feel very comfertable with talking to customers about anything we...

Short sales and 1099 [ 5 Answers ]

My husband and I are in the process of trying to do a short sale on our home. Can you Tell me what can we expect from a 1099? For example we owe $600k and if sold for $500k what would we be liable for. We live in the state of va. Also how does this impact Our credit.


View more questions Search