Thank you for your answer, however, my issue is not a timing one. Gifts do not require 1099s., and loans do not either. Additionally, since the payor is me and ...
Sorry to try to get my question answered. I think I am misunderstanding the role of these payment applications are playing in issuing 1099s. Please clarify.
Yes, I am using the terminology broadly, however, what you are also stating is that there is a secondary definition to the terms Pass Through which is being use...
Given your answer, which is excellent, the phrase "pass through" has tax implications. that seem to be inconsistent with the current tax law treatment of this k...