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<p>[QUOTE=&quot;Conder101, post: 1018918, member: 66&quot;]The way the law was written I think Mike has interpreted it correctly.&nbsp; I&#039;m sure that is not what they intended when they wrote it though.&nbsp; And yes the way it is written they would have to generate 1099&#039;s for your purchases of groceries, DVD.s ammo and all that other stuff.&nbsp; But the law requires the BUSINESS to file the 1099&#039;s.&nbsp; (Thank goodness for all those nice barcoded cards and tags everyone is using nowadays, and the debit cards and the Credit Cards.&nbsp; It will make it much easier for the companies to keep track of your purchaces&nbsp; so they can send in the proper 1099 for each of us.)</p><p><br /></p><p><br /></p><p>The 1099 filing requirement in the Healthcare law only really cares that the government get the information so how does he send it to himself?&nbsp; He keeps his copy and snds the government their copy.</p><p><br /></p><p>This new reporting requirement is simply a means of trying to track all the money to make sure everyone reports everything he receives and everything he pays out which can be used to make sure the people he pays it to also report that they received it.[/QUOTE]</p><p><br /></p>

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