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1099 MISC Explained

Oct 07, 2015 by: Aurora Training Advantage Aurora Training Advantage
At the completion of this course you will have the tools necessary to evaluate the W9 and prepare a Form 1099 MISC with all the blocks properly completed. The focus on the webinar is defining the contents of each block of the Form 1099-MISC. Agenda: Collect W-9 information Match W-9 SSN, EIN, TIN to IRS records Entities who should send 1099 MISC Who should receive a 1099 MISC Line by line instructions to 1099 MISC efile or not to efile. Important Issues Covered What name and EIN/SSN goes on the 1099 MISC? How do I know what amount goes in which block? Example: Block 3 versus Block 7 Field of Study: Taxes Program Level: Basic (No prerequisites/ No advanced preparation necessary) Delivery Method: Group-Internet Based
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