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Ambassador who is issued stock in her own name - 1099 reportable?

June 15, 2021
June 15, 2021

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Q. Does an ambassador who gets paid through her corporation in the AP system but receives stock in her name (not through her corporation) get a 1099? The ambassador is a US resident/citizen who represents our company in an independent contractor capacity. A. (Answered by a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, and state reporting.) If the services contract…

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