Form 1099 - MISC (Miscellaneous Income Form)
What is Form 1099-MISC?
The Form 1099-MISC is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments during a calendar year with the exception of royalty payments of $10 or more.
Note: Amounts paid for wages and other compensation paid to an employee are NOT reported on a Form 1099-MISC. These amounts are reported on a Form W-2.
Examples of persons who would receive a Form 1099-MISC form includes:
- Human subjects
- Independent Contractors providing services such as:
- Guest speakers/Lecturers
- Health care or medical care service
Other information about the Form 1099-MISC:
- Form 1099-MISC is mailed prior to January 31, each year.
Questions pertaining to Form 1099-MISC can be addressed to Accounts Payable at: [email protected].