In general, your business must furnish Form 1099-MISC to any individual that it pays $600 or more in a calendar year. This also applies when your business pays an LLC $600 or more, unless the LLC is taxed as a C Corporation or an S Corporation. If said LLC is taxed as a Partnership or a Sole Proprietorship, your business must furnish a Form 1099-MISC thereto for payments totaling $600 or more in a calendar year. The safe action would be to simply furnish a Form 1099-MISC to all individuals and LLCs that your business pays $600 or more in a calendar year.

In order to properly complete Form 1099-MISC, it is recommended that you obtain a completed Form W-9 from each payee to which you will furnish a Form 1099-MISC.

Generally, you must furnish Form 1099-MISC to the recipient by February 1, 2016, and you must file the IRS copy along with Form 1096 by February 29, 2016.

Please contact me as soon as possible if you need assistance with filing these forms.