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Question: Form 1099
Answer: What is the for 1099 - Misc used for? |
| August 08, 2008 09:35:48 |
#1 |
| Gandhevi |
Member Since: August 2008 Total Comments: 6 |
RE: Form 1099 |
1099 form is an Internal Revenue Service(IRS) tax document i.e., sent to businesses or individuals after calender year end. It is used by them for reporting taxable income to the IRS.
It is not issued to Corporations & Non-Profit/Non Exempt organizations.
Regards, Vinod. |
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