1099
I own a farm business and have paid my S corporation veterinarian more than $600 for services in 2022. Do I need to send them a 1099? If so is it a 1099 misc (which box) or a 1099 nec (box 1?)
I own a farm business and have paid my S corporation veterinarian more than $600 for services in 2022. Do I need to send them a 1099? If so is it a 1099 misc (which box) or a 1099 nec (box 1?)
@mootzie wrote:
.....paid my S corporation veterinarian more than $600 for services in 2022....
It is not necessary to 1099 a corporation (except in limited circumstances which do not apply here).
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