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Updated almost 3 years ago,

User Stats

169
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137
Votes
Steve Smith
137
Votes |
169
Posts

1099 from vendor with Roth IRA

Steve Smith
Posted

Need some professional advise:

Have mineral rights that we're buying thru trust owned by a Roth IRA and do not want the vendor to issue a 1099, which is not required by law. How do we deal with this in regard to the vendor. Can they force it on us or is there a way I can force them NOT to issue one? (The 1099 muddies the waters with the IRA and we don't want that)

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