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Old 01-02-2003, 11:53 AM
bcounts
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consignment income

What is the name of your state? Virginia
As a consignment shop am I legally bound to 1099 my consignors. Can or are they considered independant contractors.
And is their a difference whether you are for profit or non-profit.
Last edited by bcounts; 01-02-2003 at 04:50 PM.
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Old 01-02-2003, 01:16 PM
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You are if you want to be able to declare the consignments you pay as a business expense. Anyone who gets over $600/year should get a 1099-MISC.
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