@AmeliesUncle wrote:
@Anonymous_ wrote:
Further, the method of payment is irrelevant.
Actually, it is. If it is subject to a 1099-K, it is supposed to be on a 1099-MISC or NEC. You can scroll down a bit on your link under "Exceptions", or look at 1.6041-1(a)(1)(iv).
I meant that the method of payment is irrelevant in terms of whether or not a 1099 (tax reporting statement) is required to be filed.
