It's driving me nuts! We're an LLC and everything I've read has just confused me more, and people I've talked to have conflicting opinions. Do I need to report our health insurance premiums paid to our plan provider on the 1099-MISC?
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1099's are issued to people who perform services if they are incorporated, a 1099 does not have to be issued you are paying insurance premiums and altho it may seem like it, it is not a service you are actually paying for protection that may or may not ever happen or be needed it is merely a expense of your business, providing health care coverage for your employees
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