1099's

[OldCoyote]

Tell me what is going on with the 1099s.

My book keeper is now asking for 1099 on business that I have dealt with for some time, never had to chase down before.

An example is a welding company, my land lord on the industrial building that I have rented for a couple of years never needed before,  

If I really need to do this, where does it stop does this mean that I will have to send 1099s to my bank, how about Graingers, the nut and bolt that I have dealt with for thirty years.

I really don't have time to for an example chase down my landlord get his SS# or His EIN number. he is a corp.

or is my bookkeeper going to far?

[Shooby]

If you paid more than $600 you need to issue a 1099.

[OldCoyote]

So I need to send Exxon a 1099? for all the fuel I used?

[TheOtherMe]

From irs.gov

If, as part of your trade or business, you made any of the following types of payments, use the link to be directed to information on filing the appropriate information return.

Payments, in the course of your trade or business: (1099-MISC) (Note: It is important that you place the payment in the proper box on the form. Refer to the instructions for more information.)
Services performed by independent contractors or others (not employees of your business) (Box 7)
Prizes and awards and certain other payments (see Instructions for Form 1099-MISC, Box 3. Other Income, for more information)
Rent (Box 1)
Royalties (Box 2)
Backup withholding or federal income tax withheld (Box 4)
Crewmembers of your fishing boat (Box 5)
To physicians, physicians’ corporation or other supplier of health and medical services
(Box 6)
For a purchase of fish from anyone engaged in the trade or business of catching fish (Box 7)
Substitute dividends or tax exempt interest payments and you are a broker (Box 8)
Crop insurance proceeds (Box 10)
Gross proceeds of $600 or more paid to an attorney (generally, Box 7, but see instructions as Box 14 may apply)
Interest on a business debt to someone (excluding interest on an obligation issued by an individual) (1099-INT)
Dividends or other distributions to a company shareholder (1099-DIV)
Distribution from a retirement or profit plan or from an IRA or insurance contract (1099-R)
Payments to merchants or other entities in settlement of reportable payment transactions, that is, any payment card or third party network transaction (1099-K)

[TheOtherMe]

Here is when you are not required to issue a 1099.  No, you don't send one to Exxon because they are incorporated.

Not Required to File Information Returns

You are not required to file information return(s) if any of the following situations apply:

You are not engaged in a trade or business.
You are engaged in a trade or business and
the payment was made to another business that is incorporated, or
the sum of all payments made to the person or unincorporated business is less than $600 in one tax year (unless the recipient is an attorney or law form, see specific instructions for 1099-MISC for further details).

[OldCoyote]

Thank you for your help

[TheOtherMe]

Did it help you?  I work for a small church and I think we issued 5 1099's this year.  About average for this church.  They go to me, the regular pianist, a substitute pianist, the cleaning lady and supply pastors as we did not have a regular pastor until August.