Contact UsHelp! I have an independent contractor that doesn't want his 1099 - What are the penalties for him and me if I don't issue it?
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Wray Rives CPA CGMA
You are subject to a penalty of between $30 to $100 for each 1099 that you don't file. You should know that the penalty is per copy of the form you don't send in also. So the copy you don't send to the IRS is $30 and the copy of the same 1099 that you don't send to the employee is another $30.
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558 weeks ago