Bookkeeping
I pay someone to do my bookkeeping, do I need to send them a 1099 at the end of the year or simply categorizing this expense as professional services on my sch c enough?
I pay someone to do my bookkeeping, do I need to send them a 1099 at the end of the year or simply categorizing this expense as professional services on my sch c enough?
Yes, you need to issue 1099 to bookkeeper if payment is $600 or more. You may also want to ask them to fill out form W9 that will provide all the info. you need to issue 1099.
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TurboTax Expert
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