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Do Ingredient Suppliers Require 1099 Reporting?

January 20, 2026
January 20, 2026

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Q. We are a CPG company. I've ready conflicting documents regarding ingredient suppliers and issuing them 1099s. If we have a supplier that we purchase ingredients from for manufacturing and they are considered a partnership, do we still have to issue them a 1099? I've read they are ineligible. We didn't issue one to them last year. A. (Answered by IOFM's third-party tax expert) Form 1099 is issued when the other party has provided services to your organization. A supplier is not a service…

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