Do I issue a 1099 misc to a commercial cleaning franchise owner for buying 2 cleaning contracts from him for $2,300?

Do I issue a 1099 misc for a purchase of a non tangible good to the seller?

posted

Yes, you should.

According to the IRS Instructions for Form 1099-MISC (click here) ...services performed by someone who is not your
employee (including parts and materials) over $600 should be issued a 1099-Misc.

No they do not receive one - they did not perform a service. You do not issue a 1099 for these kinds of transactions

Questions re EV Credits under IRC 45W (Commercial Clean Vehicle Credit), IRC 169 (Expenses), IRC 179 (Bonus Depreciation) and IRC 280F (Luxury Auto Depreciation Cap)

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Do I issue a 1099 misc to a commercial cleaning franchise owner for buying 2 cleaning contracts from him for $2,300?

Do I issue a 1099 misc to a commercial cleaning franchise owner for buying 2 cleaning contracts from him for $2,300?

Do I issue a 1099 misc to a commercial cleaning franchise owner for buying 2 cleaning contracts from him for $2,300?

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Do I issue a 1099 misc to a commercial cleaning franchise owner for buying 2 cleaning contracts from him for $2,300?

Do I issue a 1099 misc to a commercial cleaning franchise owner for buying 2 cleaning contracts from him for $2,300?

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