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Do you have to issue a 1099 to a S-corp?

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Do you have to issue a 1099 to a S-corp?
Submitted: 5 years ago.Category: Tax
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Answered in 7 minutes by:
1/13/2012
Tax Professional: Robin D., Senior Tax Advisor 4 replied 5 years ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 15,888
Experience: 15years with H & R Block. Divisional leader, Instructor
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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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