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Investors & landlords
Hello @Bsch4477 , and thank you for your reply.
So I guess I'm a little confused by your answer, because my impression was that I should -not- issue a 1099-NEC to -incorporated- businesses:
https://www.irs.gov/instructions/i1099msc
<quote>
Exceptions.
Some payments do not have to be reported on Form 1099-NEC, although they may be taxable to the recipient. Payments for which a Form 1099-NEC is not required include all of the following.
Generally, payments to a corporation (including a limited liability company (LLC) that is treated as a C or S corporation). However, see Reportable payments to corporations, later.
</quote>
Since all of my payments have been to corps--that is, businesses that are "xyz, inc"--then it's my understanding that I don't need to issue any 1099 to them. Does that seem correct?
And, if you happen to know, the most important thing to me is *exactly where* in TT online is this question asked? I just cannot re-locate this question, which I had answered previously, but I cannot remember if I answered yes or no!
Thanks very much for your help!