Are prepaid legal expenses reported on the 1099?

1 answer

Answer

1156598

2026-05-21 17:45

+ Follow

Yes. Regardless if they are prepaid, the relevant fact is that you paid. All cash payments to a 1099-able vendor in a given year are to be reported on a 1099.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.