You'll need to sign in or create an account to connect with an expert.
Trade
or business reporting only. Report on Form 1099-MISC only when payments are
made in the course of your trade or business. Personal payments are not
reportable. You are engaged in a trade or business if you operate for gain or
profit. However, nonprofit organizations are considered to be engaged in a
trade or business and are subject to these reporting requirements.
Form 1099-MISC, Miscellaneous Income
File this form for each person you paid during the year:
In addition, use this form to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
htb14
Returning Member
clarineted
Level 2
vze56v6x
Level 2
damenora
Level 2
rmgressick
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.