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Do businesses/trades issue 1099-NEC/MISC to subsidiaries or only to the parent company?

If the parent company is a corporation, but the subsidiary may or not elect taxing as a corporation, does the subsidiary have to receive a 1099-NEC/MISC from a business/trade?

2 Answers 2

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You issue 1099 to the entity that you paid to. You don't care about relationships between other entities. If you paid to the subsidiary then that's who's getting the 1099.

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The entity will tell you what identifying information you need to use for those forms.

You don't have to decide what is the proper/best/easiest corporate level to report the income. You may not even be aware of the internal structure of the vendor. Let them provide that information.

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