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URL:  http://boards.fool.com/arent-you-also-supposed-to-write-out-a-1099-when-24323740.aspx

Subject:  Re: Self employment tax Date:  7/10/2006  2:34 PM
Author:  TMFPMarti Number:  87737 of 121061

Aren't you also supposed to write out a 1099 when you personally pay a contractor, or you personally forgive someone a loan?

No. The reporting requirements are in the instructions for the 1099 series.

Phil
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