What Does It Mean to Be Subject to 1099 Reporting?
File the 1099-MISC on time including zeros in the space where the taxpayer ID is required. These topics follow the outline of the “Specific Instructions” on the Instructions for Form 1099-MISC. This form has more detailed instructions for each box.
What happens if my client does not have a 1099 form?
It can be difficult, frustrating and time-consuming to attempt to obtain one after they have been paid. If your client does not have a W-9 form from the IC, your client is supposed to make backup withholding at 28% for the IRS and 7% for California (rates may vary in other states).
