Originally Posted by Dabbadoo
oes my company need to file a 1099 for one of our part-time employees that is a U.S. citizen, but residing in Canada at this time?
#2:I was told by our payroll officer that we needed to collect a W-9 for him. Where is this information in the IRS regulations if this is needed? Thank you!
#1:As a non US company, you do not issue a 1099MISC to your EE that is a US citizen; A 1099 is normally issued to individuals living in the U.S. and who are also citizens of the US. Any person making more than $600 per year is issued a 1099-MISC for income earned in the U.S.. However, foreign corporations are not issued this document. They are not subject to this filing since they are foreign entities. A 1099-MISC is a type of tax form. It is used to report miscellaneous income, such as income earned as a non-employee, as well as fees, commissions, rents, or royalties paid during the last tax year
#2: As mentioned above. A Form W-9 is a document that is issued by the US dept. of the Treasury's IRS and is used when a person or company needs to request a Taxpayer Identification Number , claims for exemption and specific certifications from a person, company, trust or estate in the U.S.
i guess you can talk to an intl tax representative at the IRS for more info in detail.