If you are engaged in a trade or business, you should issue a Form 1099-MISC to qualified recipients to whom you paid more than $600 during 2010 by January 31, 2011. The reporting of Forms 1099-MISC that you issue are reported to the IRS along with Form 1096, and are due by February 28, 2011. Generally speaking, individual taxpayers are not required to issue Form(s) 1099-MISC.