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Level 2
April 9, 2021
Question

1099 -

  • April 9, 2021
  • 1 reply
  • 3 views

I am over 70 and pay another to provide services I can no longer perform.  I pay regularly but they are not my employee.  Do I report what I pay to the IRS - if so on what form.  Do I provide the person with a 1099 - if so which one?

1 reply

Level 15
April 9, 2021

As a private person, you do not need to file any tax form such as a form 1099-NEC for payments for non-business related services.

 

The person receiving the payments has an obligation to report the payments as self-employed income on his own personal tax return.

 

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AsturAuthor
Level 2
April 9, 2021

Thanks