This contradicts what DeniseF1 said and is posted as the best answer. She said "If you paid your contractors via credit card or PayPal, those entities will report the income on a Form 1099-K. In short, you are required to issue Forms 1099-MISC if you paid a contractor via cash, check, or a bank’s quick-transfer system (e.g., Chase QuickPay)."
Which is true?
