I am reviewing our vendors for 1099’s. what would I use for the vendor for tax type for a 501 ( C) 3?
—————————— Ben Micek Accounts Payable Outlook-Nebraska, Inc. Omaha NE ——————————
Leslie Vail
Member
December 20, 2016 at 7:20 AM
Hi,
A 501(c)(3) organization is a tax exempt entity and they would be considered a non-1099 vendor. This works if you are actually paying the organization. If I work for a 501(C)(3), and you write the check to me, then I am a 1099 vendor. It’s only when you write the checks directly to the organization when they not be reported on a Form 1099 MISC.
Kind regards,
Leslie
—————————— Leslie Vail Accounting Systems Consulting, Inc. Dallas TX ————————————————————————-
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