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1099s for payroll garnishment?

December 6, 2023
December 6, 2023

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Q. We have some employees on our payroll who have garnishments deducted from their pay. These garnishments are paid to vendors who are LLC's, attorneys, etc. My question is do these vendors need to be sent a 1099, since what they are being paid with is coming from the garnishment of the employee and they are not being paid because of a service they are providing? A. (Answered by IOFM's third-party tax advisors) Garnishment payments which your company makes payable to an attorney or a law firm…

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