@drmorello
You would never issue a 1099K because you are not a credit card processing service or a bank or a financial institution.
However, you are required to issue a 1099-NEC because you made payments more than $600 in the course of your business to someone else. You are also required to issue a W-9 to your vendor to collect their tax number, and keep this with your other records. (If the vendor indicates on the W-9 that they are an S-corporation or C-corporation, you are not required to issue a 1099. You still need to keep the W9 with your other records in case you are audited.)
