1099 Help Chart A SelectSmart.com Flowchart by apaddict123 To print this page, right mouse click, open "Print preview", "Print" or a similar option depending on your browser, then use the controls to size this page appropriately. Go to SelectSmart.com/flowchart/flowchart.php?id=1001999 for the original version of this flowchart. Find and create other free decision making tools at SelectSmart.com. Use our interactive selectors to find the best college, best career, right religion, most appropriate dog breed, best college major and more.

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This flowchart will help the decision process to determine which vendors require a 1099.                 Did this vendor perform a service, provide medical treatment/services, or provide legal advise for you or your business? Or did you pay rent to them? YES Was the value of all services performed or rents paid during the past year $600 or more? YES Is this an individual as opposed to a company? NO Does the name of the company end in INC? NO You must have a W-9 to determine if a 1099 is needed. Go to the next chart. NO NO YES YES You do not have to send a 1099 Misc. Was the vendor an attorney or provide legal advise? YES You must send the vendor a 1099 Misc. Also,set the vendor as a 1099 vendor in Profund. You do not need to send a 1099 Misc unless the vendor is an attorney or provides medical services. Also, the vendor will need to be set up as a 1099 vendor.   NO   You do not need to send a 1099 Misc.       Use this section after completing the first section to determine if a 1099 Misc is needed. Do you have a W-9 on file for the vendor in question? YES Is LLC checked on the top portion of the W-9? YES Does the space on the line, to the right of the LLC check mark have a letter in it? YES Is the letter a P? NO You are not required to send a 1099 Misc for S or C Corp unless the vendor is an attorney or provides medical services/treatment. NO NO NO YES You must have a W-9 to continue. Is C Corp or S Corp checked? You need to request another W-9 from the vendor. The W-9 form is either incomplete or an old W-9 form. The safest thing is to send a 1099 Misc. You must send a 1099 Misc only for services including medical, legal advise, or rent. This vendor needs to be set up as a 1099 vendor in Profund. The AP clerk will un-check in payable if not for services including medical, legal advise, or rent. NO YES   If Parternership is selected, a 1099 Misc is needed for any services including medical, rent, or is an attorney. Otherwise, a 1099 isn't needed. A 1099 Misc isn't needed for C Corp or S Corp EXCEPT if the vendor provides legal advise or medical services/treatment.