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Question
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 ?
Date Asked:
December 4, 2021
Answer

Hi there! No, you will not receive a 1099 for your check. 1099s are typically only issued for payments over $600.

Date answered:
December 4, 2021

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