Does an s corp exempt payee get 1099?

An S Corporation that qualifies as an exempt payee typically does not receive a Form 1099 for payments made to it. Exempt payees include corporations, which typically do not need to be reported on 1099 forms for services rendered. However, if the S Corp receives payments that fall under specific categories requiring reporting, such as certain types of interest or dividends, it may still receive a 1099 for those transactions. Always consult a tax professional for specific situations.