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Investors & landlords
It depends how much you paid them. If you paid at least $600, yes you must issue a 1099-Misc. The fact that you took in the gross amount on the product and then gave it to them would indicate that this would be part of their compensation.
Here is a further list from the IRS:
Form 1099-MISC, Miscellaneous Income
File this form for each person you paid during the year:
- at least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest;
- at least $600 in:
- rents
- services performed by someone who is not your employee;
- prizes and awards;
- other income payments;
- medical and health care payments;
- crop insurance proceeds;
- cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish;
- generally, the cash paid from a notional principal contract to an individual, partnership, or estate;
- payments to an attorney; or
- any fishing boat proceeds,
From <https://www.irs.gov/uac/about-form-1099misc>
May 31, 2019
7:47 PM