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Wayne Brasch
Wayne Brasch, Accountant and Business Consultant
Category: Tax
Satisfied Customers: 1298
Experience:  Master of Science in Taxation. Tax experience since 1963.
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If you issue 1099s What is the minimum amount you have to ...

Customer Question

If you issue 1099s What is the minimum amount you have to issue a 1099
At what amount does an independent contractor has to receive to issue a 1099, If thet make 500,00 or 600.00 in a year do you issue a 1099
Submitted: 10 years ago.
Category: Tax
Expert:  Wayne Brasch replied 10 years ago.
If you paid someone $600 or more during 2006, you need to issue them a Form 1099.