Oct 31 2024 12 mins
Yes, payments to corporations may be reportable. In this episode we’ll talk about which 1099-MISC and 1099-NEC payments are reportable and which of those forms they should be reported.
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Links mentioned in the podcast + other helpful resources:
- IRS Publications:
- Instructions for Forms 1099-MISC and 1099-NEC (Rev. January 2024): https://www.irs.gov/pub/irs-pdf/i1099mec.pdf
- 2024 General Instructions for Certain Information Returns: https://www.irs.gov/pub/irs-pdf/i1099gi.pdf
- Debra R Richardson LLC: New Scam Alerts https://training.debrarrichardson.com/blog
- Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
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