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What box do I use on from 1099-MISC to report truck lease payments from an S-corp to an individual who is a shareholder of the S-corp?

beancounternh
Level 2
 
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IRonMaN
Level 15

Box 7


Slava Ukraini!

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3 Comments 3
IRonMaN
Level 15

Box 7


Slava Ukraini!
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qbteachmt
Level 15

Box 1 is for Rent, including renting of equipment. It's hard to know about the Truck, here. Box 7 is for Services.

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TaxMonkey
Level 8

I'm just curious - is this some kind of specialty equipment or simply use of the shareholders personal vehicle?  

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