Skip to content
TaxMama.comTaxMama.com
  • Newsletter

    Subscribe to the TaxMama® Newsletter

    * indicates required

  • Student Login
  • Ask A Tax Question
  • Become An Enrolled Agent (EA)
  • Forum Membership
  • Latest Tax Quips
  • Books, Courses, Resources
    • 2023-24 Tax Calendar
    • Free Member Resources
    • Family Member Resources
  • About
    • Eva Rosenberg, EA, MBA – Press Page
    • Contact Taxmama®

Tag Archives: ripped canvas

*Tax Quips, 1099s, Artists

1099 to Artist

Posted on November 8, 2010December 28, 2021 by TaxMama

Today TaxMama hears from Alice in the TaxQuips Forum, who tells us, “An artist lent his artwork for display in the premises. The art piece was lost or destroyed and the artist was paid as a result. Does that require a 1099 form to be issued?”

Continue reading →
Posted in *Tax Quips, 1099s, Artists  |  Tagged artist, artwork, Asset, broken art, canvas, damaged statue, Generally Accepted Accounting Principles, Insurance, Kris Hix, kristhetaxlady.com, retail establishment, retail shop, ripped canvas, torn painting Leave a comment
  • TaxMama on Twitter
  • TaxMama on YouTube
  • TaxMama, Eva Rosenberg on Linkedin
  • TaxMama on Facebook
  • Money Talk with Melanie
  • TaxMama Interviews with Jim Blasingame
  • TaxMama Articles on Think Outside the Tax Box
  • US Company Formation for non-US entities
  • Our Privacy Policy
  • Legalese & Disclaimer
  • Press Page
Library of Congress - ISSN 1532-0790 Copyright 2011-2023 © Eva Rosenberg
  • Student Login
  • Join
  • Ask A Tax Question
  • Become An Enrolled Agent (EA)
  • Forum Membership
  • Latest Tax Quips
  • Books, Courses, Resources
    • 2023-24 Tax Calendar
    • Free Member Resources
    • Family Member Resources
  • About
    • Eva Rosenberg, EA, MBA – Press Page
    • Contact Taxmama®