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June 1, 2019
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Do I need to provide a 1099-MISC to a friend who provided over $600 of work to me about 3 weeks prior to incorporating his business?

  • June 1, 2019
  • 1 reply
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Best answer by PaulaM

Yes, if your friend provided work/services to you that meets the basic rule below.

The basic rule is that you must file a 1099-MISC whenever you pay an unincorporated independent contractor — that is, an independent contractor who is a sole proprietor or member of a partnership or LLC — $600 or more in a year for work done in the course of your trade or business.

See IRS link below.

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-o...

1 reply

PaulaMAnswer
Employee
June 1, 2019

Yes, if your friend provided work/services to you that meets the basic rule below.

The basic rule is that you must file a 1099-MISC whenever you pay an unincorporated independent contractor — that is, an independent contractor who is a sole proprietor or member of a partnership or LLC — $600 or more in a year for work done in the course of your trade or business.

See IRS link below.

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-o...

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