Ask the Taxgirl: Do Individual Taxpayers Submit a 1099?
Taxpayer asks:
I paid a contractor $855 for a roof repair. He did not furnish his TIN or complete and return a W-9. Must I pay the 28% withholding tax on the $855 to the IRS?
Taxgirl says:
I am going to assume from your question that you are an individual taxpayer and not a business entity. Individual taxpayers generally do not provide forms 1099-MISC for payments made to vendors for personal services.
Like any good lawyer, I need to add a disclaimer: Unfortunately, it is impossible to give comprehensive tax advice over the internet, no matter how well researched or written. Before relying on any information given on this site, contact a tax professional to discuss your particular situation.
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2 opinions for Ask the Taxgirl: Do Individual Taxpayers Submit a 1099?
Are Childcare Expenses Considered Personal Services?
Jan 31, 2008 at 11:28 am
[…] who wanted me to correct my statement in my earlier “ask the taxgirl” post that “[i]ndividual taxpayers generally do not provide forms 1099-MISC for payments made to vendors for per…” because she believes that “childcare expenses are personal services that require a […]
Ask the Taxgirl: Issuing a 1099
Feb 12, 2008 at 3:07 pm
[…] information about individual submitting a 1099, you might want to read here and […]
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