Reply #2: I thought 1099s were to document

[SheilaT]

wages paid. I don't get why they'd have to be issued just because you bought goods or services from someone or some company. That makes no sense. I'm starting up a small business of my own. Does that mean I'll be issuing a 1099 to the furniture store I just bought my office furniture from? And that's just a start. I'll probably be spending more than $600 at the office supply store each year.

Aren't most of those transactions taxed already?