cathyan Posted March 29, 2013 Report Share Posted March 29, 2013 Sole prop buys and resells reptiles. He has some work done on the area where the animals are kept before shipping. The work done by contractors should get a 1099, but what about the people he buys from? Sometimes he pays by check, other times by wire transfer. I am a bit confused about vendors and suppliers getting 1099's. Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted March 29, 2013 Report Share Posted March 29, 2013 Not for buying inventory. Quote Link to comment Share on other sites More sharing options...
cathyan Posted March 29, 2013 Author Report Share Posted March 29, 2013 That's what I thought, But this guy is on the up-and-up, he was worried about not sending them. I'll tell him the best of the best said no. Thanks! Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted March 29, 2013 Report Share Posted March 29, 2013 No harm in sending them, if it will let him sleep better. Benefit: You charge for preparing them. 1 Quote Link to comment Share on other sites More sharing options...
Guest Taxed Posted March 29, 2013 Report Share Posted March 29, 2013 His supplier may not appreciate a 1099!!! Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted March 29, 2013 Report Share Posted March 29, 2013 His supplier may not appreciate a 1099!!! If his supplier is doing his tax return properly, the 1099 should NOT make a difference. If he is NOT doing it correctly, that is the supplier's problem. 2 Quote Link to comment Share on other sites More sharing options...
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