Skip to Content

Welcome!

This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.

This question has been flagged
1 Reply
2163 Views

Can I Accept a 1099A for services without being a secured party creditor or a trustee? I am a mechanic. Thank You.

Avatar
Discard
Best Answer

You must be trustee. But As Chris H say. You get on slipery ice. It's better you have a company to be the trusteee. For the taxes I suppose.

Avatar
Discard

Hi Johan,

Are you referring to hiring a company to specifically act as the trustee, or using a mortgage company/car dealership as the trustee?

The mecanic act as the trustee/company. He files the paperwork/proce 1099A to the U.S. Treasury. I understand that digital services are not taxeble. I don't know if mecanic-services are taxeble.
So for Kira I'm refering to hiring a company. But it seems the strawman IS a company.
The man/woman he is working for is the beneficiary.