If I as an individual received taxable income from a company, who will be sending me a 1099-misc,
If the income is reported in box 7 of the 1099-MISC you receive, then as far as the IRS is concerned, you received that money while self employed and in business for yourself. No ifs, ands, or butts about it. You will report that 1099-MISC on SCH C as a part of your personal 1040 tax return. It doesn't matter if you're filing a joint return either.
and i paid another individual/nonemployee a portion of that money, would I then need to issue a 1099-misc my nonemployee?
Then your SCH C business (which is a disregarded entity for tax purposes) will issue the individual you paid as a subcontractor a 1099-MISC, thus reducing the amount of income on the 1099-MISC you received, that will be actual taxable income to you.
