Information current as of August 2016:
You ARE NOT REQUIRED by the Internal Revenue Services (IRS) to file FORM 1099 Information Returns if you are engaged in a trade or business and the payment was made to another business that is incorporated, or the sum of all payments made to the person or unincorporated business is less than $600 in one tax year (unless the recipient is an attorney or law form). Otherwise, you may be required to file FORM 1099.
For specific details, please see https://www.irs.gov/uac/about-form-1099misc and https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-other-information-return. Also consult your tax professional if you have questions.
NOTES:
- You do not need to complete a FORM 1099 for your web hosting service, because these payments are made to a corporation (EZOT, Inc.).
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Website consulting and support are being handled by PRECISION COMPUTING ARTS, LLC (an LLC, not a corporation, owned by Larry Gotkin), so you may need to complete FORM 1099 for consulting and support services.
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