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Get GCM 1099 MISC Reporting

Rvice providers include sole proprietors, partnerships, and LLCs not electing to be taxed as a C Corporation or S Corporation. For payments to an attorney or a law firm, reporting of calendar year payments of $600 or more is required regardless of the entity type. Reporting for Businesses Receiving Services: If your business is not already issuing Form 1099-MISC to its service providers, follow the steps outlined below to comply with the reporting requirements: • • • Implement the req.

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