topic S Corps in Business & farm

S Corps

Richard_79 — Tue, 24 Feb 2026 07:05:00 GMT

Why doesn't my S-Corp receive any 1099s from clients?

Re: S Corps

ee-ea — Wed, 30 Aug 2023 09:17:36 GMT

Businesses are required to issue a 1099 form to a taxpayer (other than a corporation) who has received at least $600 or more in non-employment income during the tax year.

Re: S Corps

Opus 17 — Wed, 30 Aug 2023 13:10:53 GMT

Because businesses are not required to issue 1099s to S-corps. Of course, your business is required to keep accurate records of all income and expenses, and report all income and expenses even if you don't get 1099s.

Re: S Corps:

Richard_79 — Fri, 01 Sep 2023 16:00:19 GMT

Of course. I just use my banks deposits for income. Thanks for clarifying my question, more out of curiosity.