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Reporting payments to a vendor in Puerto Rico
April 3, 2023
Q. We received a W-9 from a vendor in Puerto Rico. Are they considered a U.S. or foreign vendor? Do we issue Forms 1099-NEC for their services or Forms 1042? Also, do we need to report anything to Puerto Rico, and if so, how do we do it?
A.
(Answered by IOFM's third-party tax experts)
A resident of Puerto Rico who is a U.S. citizen or U.S. resident alien is a U.S. person subject to theU.S. Form 1099 reporting requirements. Persons born in Puerto Rico are statutory U.S. citizens subject to the…
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