0
Yes, you can issue a 1099-MISC to a limited partnership (LP) company if you are making payments for services rendered or rent that meet the IRS thresholds. However, it's important to note that payments to corporations, including LPs treated as corporations, generally do not require a 1099-MISC. Be sure to verify the LP's tax classification and consult IRS guidelines or a tax professional for specific situations.
What else can I help you with?
What is the possessive form of company names ending in LP?
The possessive form of a company name ending in LP is indicated by adding an apostrophe s ('s) to the end of the word.Example: Yelp's CEO is Jeremy Stoppelman.
What is the symbol for OCI Partners LP in the NYSE?
The symbol for OCI Partners LP in the NYSE is: OCIP.
In what year did OCI Partners LP - OCIP - have its IPO?
OCI Partners LP (OCIP)had its IPO in 2013.
In what year did Hi-Crush Partners LP - HCLP - have its IPO?
Hi-Crush Partners LP (HCLP)had its IPO in 2012.
What does LP mean after company name?
The suffix is LLP, and it stands for Limited Liability Partnership. It is a corporate structure designed to provide the protection of a "C" corporation with the tax benefits of a "Subchapter S" corporation.
Should an LP company get a 1099 MISC?
An LP (Limited Partnership) company typically does not receive a 1099-MISC form for its income. Instead, the income is reported on the individual partners' tax returns, as LPs are pass-through entities. However, if the LP pays a contractor or freelancer $600 or more for services, it must issue a 1099-MISC to that individual or business. Always consult a tax professional for specific situations.
Do LP companies get a 1099?
A LP is also known as a limited partnership. According to the IRS, if a person is paid $600 or more a 1099-MISC should be issued.
Who owns Charms LP Candy company?
The tootsie roll company. www.tootsie.com
What does LP mean in a company's name like us news and world report LP?
I think that's Limited Partnership.
Which record company released the microgroove LP in 1948?
Columbia Records
What is the possessive form of company names ending in LP?
The possessive form of a company name ending in LP is indicated by adding an apostrophe s ('s) to the end of the word.Example: Yelp's CEO is Jeremy Stoppelman.
Where would one get a copy of the LP Gas Magazine?
You can find copies of the LP Gas Magazine directly from the LP gas magazine website, from the Amerigas company website or from sites that offer magazine subscriptions.
What company made the Marshall Mather's LP 2 sweatshirt?
There is a few factories that made the Marshall Mather's LP 2 sweatshirts. You can buy them online or at any local store.
What is the name of the new spin off company from Valero?
NuStar Energy LP in San Antonio, TX
Is crown cork and seal company inc now known as crown metal packaging Canada lp?
yes
What company owns Global Gas Stations?
Global stations are owned and operated by Global Partners LP out of Waltham, MA. It is a NYSE traded company under the symbol "GLP."
Is Bloomberg lp a fortune 500 company?
Bloomberg LP is not a Fortune 500 company; it is a privately held financial, software, data, and media company. The Fortune 500 list ranks the largest U.S. companies based on revenue, and since Bloomberg is privately owned, it does not disclose its financials publicly. However, it is a significant player in the financial services industry and is widely recognized for its Bloomberg Terminal product.
