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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13143
Experience:  15years with H & R Block. Divisional leader, Instructor
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Do you have to issue a 1099 to a S-corp?

Resolved Question:

Do you have to issue a 1099 to a S-corp?
Submitted: 4 years ago.
Category: Tax
Expert:  Robin D. replied 4 years ago.

Robin D :

No, unless the S corp falls under the exceptions :

  • Medical and health care payments reported in box 6.

  • Fish purchases for cash reported in box 7.

  • Attorneys' fees reported in box 7.

  • Gross proceeds paid to an attorney reported in box 14.

  • Substitute payments in lieu of dividends or tax-exempt interest reported in box 8.

  • Payments by a federal executive agency for services (vendors) reported in box 7.

    The the S corp falls under one of the above then the 1099MISC would be issued if the S corp was paid more than $600

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