Anywhere, USA
Just heard a story - which apparently happens from time to time - about a builder pulling out of a contract, leaving the prospective owner with no new house. The prospective owner put down some money as a down payment (which was refunded), had the house built, and 1 wk before...
I am an individual.
Is that true? If I hire a contractor to remodel my bathroom, I dont have send them a 1099?
That seems to answer my above Q as "yes":
For each person to whom you have paid at least $600 for the following during the year
Services performed by someone who is not your employee
Assuming $600+
If I hire a business - one with a retail location - to come to my house and do some work, do I 1099 them?
What about a private contractor, who, in theory has a business, but no retail location?