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I am a volunteer for a 501 (c)(3); we are required to pay them, what 1099 will I use to report their income?

2007-01-21 10:15:52 · 2 answers · asked by RTCb2b 1 in Business & Finance Taxes United States

2 answers

1099MISC. Put the figure in box 7 and do not forget to put a contact name and phone number on the IRS copy. its a $50 penalty if you don't.

2007-01-21 10:29:32 · answer #1 · answered by skip 6 · 0 0

Report this on a 1099MISC. You are required to file a 1099MISC if you paid more than $600 or more to the consultant.

2007-01-21 10:30:41 · answer #2 · answered by ninasgramma 7 · 0 0

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