Investors, Issue 1099s NOW: Here's Who Needs to Receive Them: "The rule is that if you paid someone more than $600 during the 2015 year, then you may need to issue a 1099 to them. One common misunderstanding is that the $600 rule is by vendor, not by check amount. For example, let’s say you have a plumber that you call out to one of your rentals a few times a year. If each time he comes out he charges $300 and he came out a total of three times that year, then the total you paid your plumber is $900. In this scenario, you may need to issue him a 1099 since the total you paid him during the year is more than $600."
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