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1099 reporting penalty

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J

jarujammer

Guest
What is the name of your state? California

What is the potential penalty for a business not sending a 1099misc to irs for under 2,000?
 


J

jarujammer

Guest
to clarify, income was paid by business to independent contractor, not received by business. dumb business practices caused business to not have sufficient info on recipient of misc income, but checks were cashed, and there is a record of them.
 

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