topic Do I need to file a 1099 for a foreign company owned by a US Citizen living abroad? in Business & farm

Do I need to file a 1099 for a foreign company owned by a US Citizen living abroad?

CuriousGuy — Thu, 30 Jan 2020 23:15:10 GMT

I had some software development work done by a foreign company owned by a US citizen living in Europe. Do I need to file a 1099 for them? If so, how do I fill out the 1099 without a US tax ID (I have their 'KvK' number which is their TIN equivalent)? If not, how do I account for it?

Thanks for your help!

Re: Do I need to file a 1099 for a foreign company owned by a US Citizen living abroad?

KurtL1 — Fri, 31 Jan 2020 01:10:05 GMT

No, you do not need to file a Form 1099-Misc on the foreign company.

Per the Instructions for Form 1099-MISC you are required to file a Form 1099-MISC, Miscellaneous Income, for each person in the course of your business to whom you have paid during the year.

You do not need to file the form on a company only on individuals.