topic 1099 - in Retirement tax questions

1099 -

Astur — Fri, 09 Apr 2021 17:23:52 GMT

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?

Re: 1099 -

MinhT1 — Fri, 09 Apr 2021 17:40:25 GMT

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.

Re: 1099 -

Astur — Fri, 09 Apr 2021 18:33:35 GMT

Thanks