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How do I determine who I need to send a 1099 form to as far as corporations, PCs, PLCs, LLPs, LLCs, etc. I don't think I have to report some of those, but I don't know which ones.


ANSWER


Expert Michael Guarnieri's Answer:

1099s must be issues to non-corporate entities that you paid $600 or more in the tax year.  (LLCs, PLLCs, LLPs, Individuals).  Basically, any company that has the designation "Inc." after the name, you do not have to issue a 1099. 

Michael Guarnieri, CPA

New York

10 yrs experience

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