USA 1099 requirements for a trust that's owned by a Roth IRA

[Seevee]

We have some income from mineral rights that the vendor wants to send a 1099 for. Our entity that is receiving the income is a trust that'a owned by a Roth IRA (non taxable).
How can I convince the vendor to NOT SEND A 1099? We have other vendors in the exact same situation that do not issue 1099s.

 

[StanleyR1]

You probably can't. But just because they send it doesn't mean you have to do anything with it.

 

[Seevee]

You probably can't. But just because they send it doesn't mean you have to do anything with it.

Thx, but they send a copy to the IRS so ya can't ignore it.

 

[StanleyR1]

Yes, you can. All they're doing is reporting to the IRS that they paid you. If you're not required to report the income, you don't have to.