FDA STAFF MANUAL GUIDES, VOLUME III - GENERAL ADMINISTRATION
FORM 1099 REPORTING TO THE IRS
Effective Date: 03/06/2009
|4. Effective Date|
To outline a policy on 1099 reporting to the IRS
The FDA adheres to all IRS policies regarding 1099 reporting requirements. Requirements can be found on the instructions for Form 1099-MISC.
Some payments are not required to be reported on Form 1099-MISC. Payments for which a 1099-MISC is not required include:
- Non-service payments to a corporation;
- Payments for merchandise, telegrams, telephone, freight, storage and similar items;
- Payments of rent or real estate agents;
- Wages paid to employees;
- Business travel allowances paid to employees;
- Cost of current life insurance protection;
- Payments to a tax-exempt organization, the United States, a state, the District of Columbia, a U.S. possession, or a foreign government; and
- Certain payment card transactions if a payment card organization has assigned a merchant/payee a Merchant Category Code (MCC) indicating that reporting is not required.
OFS is responsible for 1099 reporting to the IRS.
4. EFFECTIVE DATE
This policy is effective as of March 6, 2009 signed by William Collinson, Director, OFM.
5. Document History -- SMG 2310.10, Form 1099 Reporting to the IRS
|STATUS (I, R, C)||DATE APPROVED||LOCATION OF CHANGE HISTORY||CONTACT||APPROVING OFFICIAL|
|Initial||03/06/2009||N/a||OC/OO/OM/OFM||William Collinson, Director, OFM|