Assume that the company makes three
payments to the contractor during 2010: $ 500,000 on Jan. 5, $ 400,000 on March 30, and $ 600,000 on Sept. 30.
Not exact matches
If you pay $ 600 or more
to an independent
contractor during the year (not necessarily all at one time), you should send IRS Form 1099 - MISC
to report the annual
payments.
I am an undergraduate computer science student, resident and citizen of India, I'll be working as an Independent student
contractor for a US based software company from my home country (India),
during this program I will never go
to US and all my
payments are a student stipend.
Also there are many commercial gains
to a community
during wind farm construction: lease
payments to land owners, work for local
contractors, business for hotels, restaurants and providers of accommodation, etc..