Vendor with multiple TINs receiving 1099s under the minimum threshhold
We have a vendors setup to have multiple locations with different TINs, so one vendor could have 2 or more TINs associated. Our IRS Withholding Entity is setup with the withholding class code of 7 (non-employee compensation) having a minimum amount of $600. When we process the 1099s, we are getting Copy Bs for Vendor/TIN combinations of less than $600. For example, Vendor A with TIN 1 has $200 in payments and the same Vendor A with TIN 2 has $500 in payments. The 1099 process produces Copy Bs for both TINs even though they are less than $600. It