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My company filed for bankruptcy and went out of business. All employees got a small check from bankruptcy court. I received $89.94.will I receive a 1099 form and from whom. The attorneys, the court ?
AI accountant’s answer:
Hi there! No, you will not receive a 1099 for your check. 1099s are typically only issued for payments over $600.
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Answer
Hi there! No, you will not receive a 1099 for your check. 1099s are typically only issued for payments over $600.
No answer given yet!

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