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1099 Reporting for Furniture, Fixtures, and Supply Purchases from Partnerships

January 23, 2026
January 23, 2026

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Q. A vendor classified as an LLC taxed as a partnership provides furniture, fixtures, materials, and supplies. Are these purchases subject to 1099 reporting? A. (Answered by IOFM's third-party tax expert) 1099s are only issued for services rendered to you (1099-NEC) or things such as rental of equipment (1099-MISC). The purchase of supplies is not reportable. #122918

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