Contractor tax question - Posted by Frank

Posted by JHyre in Ohio on February 24, 2003 at 16:29:23:

Yep. If you pay a non-corp > $600, you owe them a 1099.

John Hyre

Contractor tax question - Posted by Frank

Posted by Frank on February 21, 2003 at 22:58:40:

Probably a little late to be asking this. I own a rental property that I have paid independent contractors to do significant amount of work. I have not run anything through a corp, but rather just to my individual tax return. Do I need to worry about these guys and what I paid them? Like a 1099 or anything? It was well over $3000 over the course of year to one particular contractor. Not sure if he is a corp or just doing side work. Any help appreciated.