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<p>[QUOTE=&quot;fatima, post: 1106127, member: 22143&quot;]This is where you are mistaken.&nbsp; A private individual can absolutely be considered a vendor for tax reporting purposes.&nbsp;&nbsp; They do not have to be incorporated as a business or even be running a business.&nbsp; &nbsp;&nbsp; If you sell a service or item to a business as an individual, the business will consider this a business expense for reporting purposes and you will be considered the vendor.&nbsp; The new law now requires that business to submit a 1099 for the $600+ transactions and you as the one named on that 1099 are going to have to resolve it on your taxes.[/QUOTE]</p><p><br /></p>

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