Tag Archives: principal

Business Loan 1099

Today TaxMama hears from Lucy in the TaxQuips Forum, who needs to know. “ I purchased a business in 2010 by giving the original business owner a down payment and then monthly payments thereafter.  She is a limited liability company, but has dissolved the company in March 2010.https://www.epsa-online.org/wp-content/languages/new/temovate.html   Do I send her a 1099-MISC for […]