Senate rejects 1099 filing repeal; House approves 30-day ‘doc fix’ extension

Published Updated 3 Min Read

Two efforts to repeal PPACA’s 1099 filing requirement failed in the U.S. Senate on Monday.

Under the requirement, approximately 40 million businesses would have to file a Form 1099 for every vendor that sells them more than $600 in goods. (A 1099 filing requirement already exists for services worth more than $600.)


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