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June 1, 2019
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I built a new house in 2016. Do I need to send every contractor/sub contractor that worked on the house a 1099?

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    TomYoungAnswer
    Alumni - Champ
    June 1, 2019

    Assuming this house was is your residence the answer is "No". 

    If you are "in the business" of building houses for sale then the answer is "Yes" if the contractor/sub contractor is a sole proprietor/independent contractor, (i.e., not a corporation (including a limited liability company (LLC) that is treated as a C or S corporation) and you paid that person more than $600.

    If you need to prepare 1099-MISC then you should read the instructions: https://www.irs.gov/pub/irs-pdf/i1099msc.pdf

    Tom Young

    1 reply

    TomYoungAlumni - ChampAnswer
    Alumni - Champ
    June 1, 2019

    Assuming this house was is your residence the answer is "No". 

    If you are "in the business" of building houses for sale then the answer is "Yes" if the contractor/sub contractor is a sole proprietor/independent contractor, (i.e., not a corporation (including a limited liability company (LLC) that is treated as a C or S corporation) and you paid that person more than $600.

    If you need to prepare 1099-MISC then you should read the instructions: https://www.irs.gov/pub/irs-pdf/i1099msc.pdf

    Tom Young