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Sanity Check

Posted: Tue Jan 11, 2011 4:59 pm
by wrigjef
Going through instructions for doing 1099's. Everything the stake paid out this year seems to be excluded but there is an exclusion for "Corporations" I wonder if any of these need 1009's
Southern Virginia University for Youth Conference Housing (Deposit for 2011)


All United Bus for transportation during a Youth Conference


National Park Service for a girls campsite reservation

Posted: Tue Jan 11, 2011 5:52 pm
by crislapi
wrigjef wrote:Going through instructions for doing 1099's. Everything the stake paid out this year seems to be excluded but there is an exclusion for "Corporations" I wonder if any of these need 1009's Southern Virginia University for Youth Conference Housing (Deposit for 2011)
All United Bus for transportation during a Youth Conference
National Park Service for a girls campsite reservation
Not an expert, but I doubt it. These all seem to be incorporated so you don't have to provide one to them. For more, see this wiki article.

As far as services go, as I had it explained to me, purchasing food (unprocessed/unprepared) does not require a 1099 but paying a member to prepare the food does. If the member owns a catering business and does this as part of that business, you do not. If you just hire a member to do it, then you do.

Posted: Fri Jan 14, 2011 3:32 pm
by daveywest
A 1099 form is typically the record of payment for services to an individual person acting as an independent contractor. If the individual was an employee they would receive a W2 instead.

That said, non of the payees you mention would need a 1099.