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1099 filing for a 501(c)6 corporation?

July 16, 2021
March 24, 2023

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Q. Do we need to send a 1099 to a 501(c)6 corporation? A. (Answered by a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, and state reporting.) No.  An organization recognized by the IRS under Code section 501(c)(6) is a tax-exempt organization, so Form 1099 information returns are not required to be filed for payments to that organization; the exemption from 1099-NEC…

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