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Do you have to send a 1099 misc if you rent a bull on a farm return?

ret
Level 2
 
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5 Comments 5
Just-Lisa-Now-
Level 15
Level 15

Rented, like as a stud? 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
That’s the route I took when the question was asked a second time 😞

Slava Ukraini!
Just-Lisa-Now-
Level 15
Level 15
But is it rents or services? The bull is providing a service......but I guess youre not 1099ing the bull.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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ret
Level 2

You are renting the bull to breed the cows. So I would think it is rent or could it be under vet as breeding fees?

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IRonMaN
Level 15

If you rented a tractor, would you send a 1099?  Kinda the same thing, except one piece of equipment has a tail on the end of it.


Slava Ukraini!