Is there a requirement to file a 1099 tax form based on the amount paid?

Question

I paid one contractor $5, another $50 and a third $500, am I required to send them all a 1099 form? Is there a requirement to file a 1099 based on the amount paid?

Answer 1

There is a minimum, but I don't know what it is right now. They will probably have the information on irs.gov.

Answer 2

You aren't required to send any of them a 1099 - the dollar limit is $600 where you are required to.

Answer 3

$600

This would include all payments to them including reimbursement of expenses.