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1099 reportability of joint checks to subcontractor and supplier
December 10, 2021
Q. We are a construction company and we have set up a few joint checks. Where we are issuing a check to our subcontractor and the supplier. The contractor will sign the check and then send it over to the supplier. How are these reportable for 1099s?'
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.)
Are these payments for…
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