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Pass-through payment made to a talent agency
March 24, 2023
Q. We paid an agency for a performer. They provided their tax ID information but did not provide any tax information (W-9) for the artist.
Today, after receiving the 1099-NEC that we sent, they requested that we void the original 1099 and send a new 1099 to the artist because they just are a passthrough for the artist. They have now sent a W-9 for the artist.
Is it correct for us to make this change?
A.
(Answered by Sovos, a 3rd party software, services and education provider offering…
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