From the Archives: Send a 1099-C to a Non-Paying Customer? Updated
Can you send a 1099 to a deadbeat client? It’s probably legal, but probably not a good idea.
Can you send a 1099 to a deadbeat client? It’s probably legal, but probably not a good idea.
This is an excerpt of a presentation I’ve given to businesses about Form 1099. Let’s start with the different types of 1099s and what they are used for.
Can I send a 1099-C to a non-paying customer? The IRS says “not so fast.”
Can a business issue a Form 1099-C to a deadbeat client? Yes. Should a business issue a 1099-C to a deadbeat client? Probably not.