Do I need to file a 1099 for a foreign company owned by a US Citizen living abroad?

CuriousGuy · ‎January 30, 2020

I had some software development work done by a foreign company owned by a US citizen living in Europe. Do I need to file a 1099 for them? If so, how do I fill out the 1099 without a US tax ID (I have their 'KvK' number which is their TIN equivalent)? If not, how do I account for it?

Thanks for your help!

KurtL1 · ‎January 30, 2020

No, you do not need to file a Form 1099-Misc on the foreign company.

Per the Instructions for Form 1099-MISC you are required to file a Form 1099-MISC, Miscellaneous Income, for each person in the course of your business to whom you have paid during the year.

You do not need to file the form on a company only on individuals.

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View solution in original post

KurtL1 · ‎January 30, 2020

No, you do not need to file a Form 1099-Misc on the foreign company.

Per the Instructions for Form 1099-MISC you are required to file a Form 1099-MISC, Miscellaneous Income, for each person in the course of your business to whom you have paid during the year.

You do not need to file the form on a company only on individuals.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Do I need to file a 1099 for a foreign company owned by a US Citizen living abroad?