Independent Contractors 1099-MISC - Copy B

Regulation Reference Cite 26 U.S.C. §§ 3401-3406
Report Due Date (Actual) 01/31/2019 Annual
Level Compliance Report
Oversight Unit CONTROLLERS OFFICE
Person Responsible Courtney Specker
Secondary Person Responsible Rebecca Schneiderhan
President / VP Level Finance
Description

Form 1099-MISC must be filed with the IRS if the employer makes payments to independent contractors in the amount of $600 or more during the year.   Copy B and Copy 2 are for the independent contractor and must be provided no later than Jan. 31. Copy A must be filed with the IRS no later than Feb. 28, or March 31 if you file electronically.

If an employee is mistakenly classified as an independent contractor and the employer has no reasonable basis for doing so, the employer may be held liable for employment taxes for that worker. In order to qualify as independent contractors, the individual would need to meet the Internal Revenue Service (IRS) requirements. The IRS regulatory definition of employee is set forth in 26 C.F.R. § 31.3401 (c) -1(b).

 

Contacts and Data Sources

3/4/2024 Received email from Rebecca Schneiderhan in the Controller's Office requesting that the Primary be changed to Courtney Specker, and the Secondary be changed to Rebecca. CR Updated Primary (Rebecca Schneiderhan) and Secondary (Jamie Beauchamp), per Jamie Beauchamp CR 10/7/22