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New Member
posted May 31, 2019 5:10:42 PM

I purchased $4,000 in equipment from a sole proprietor. Do I send him a 1099-misc for the purchase of the equipment?

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1 Best answer
Expert Alumni
May 31, 2019 5:10:43 PM

No. You do not have to send a 1099-MISC for the purchase of Equipment, only for the purchase of services.

http://www.nfib.com/cribsheets/1099-requirements/

1 Replies
Expert Alumni
May 31, 2019 5:10:43 PM

No. You do not have to send a 1099-MISC for the purchase of Equipment, only for the purchase of services.

http://www.nfib.com/cribsheets/1099-requirements/