Sunday, January 18, 2009

1099 NOT NEEDED

Larry, I paid a painter $1,575 to paint my house. Do I need to send a 1099?

Ryle

Ryle, you only need to send a 1099 for business expenses. I presume that your house is your personal residence, so you do not need to send a 1099. I hope this helps.

Larry Kopsa CPA