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Business & farm
Whether you issue a 1099-MISC depends on whether or not the vendor(s) you purchased the equipment from is incorporated. If they are a corporation, you are not required to issue a 1099-MISC. If they are a sole proprietor, a partnership, or an LLC, then you should have issued them a 1099-MISC. That said, whether or not you issue a 1099 does not impact your ability to deduct the costs as business expenses.
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‎February 5, 2020
2:05 PM
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