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| smithff33[at]aol.com (Herb Smith) wrote: - quote - > Even if they don't issue a 1099-INT, it is your
Not sure why you assume that I wouldn't know that it is my> responsibility to report all taxable income on your return. responsibility to report all taxable income on my return. My question (perhaps ignorant and naive but sincere) was about whether the corporation (owned by me) needs to issue a 1099-INT. Charles << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| NoSpam[at]earthlink.net (Charles) wrote: - quote - > In 2003 my C-Corp paid me interest on a note for a loan I
Even if they don't issue a 1099-INT, it is your> made to the company. > I assume the company should issue me a 1099-INT? responsibility to report all taxable income on your return. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Charles wrote: - quote - > In 2003 my C-Corp paid me interest on a note for a loan I
Only if the amount of the interest is over 10$.> made to the company. > I assume the company should issue me a 1099-INT? Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| In 2003 my C-Corp paid me interest on a note for a loan I made to the company. I assume the company should issue me a 1099-INT? Charles << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 1099int, interest, issue, loan |
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