1099 Form

[Shaconda]

I started a business last year and I received my 1099 forms in the mail. How do I transfer these 1099 forms to someone else because they received all the money from the business? Do I have to amend my personal taxes because I did not add this money to my income because I'm transferring it to another person?

[tagteam]

Read through the following (short) paragraph relating to nominee returns.

https://www.irs.gov/instructions/i1099gi#idm140119320878080