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End of Year 1099-MISC Reporting Changes

End of Year 1099-MISC Reporting Changes

by Christy Mollhoff | Jan 10, 2017 | In the Press, Peak Points

End of Year 1099-MISC Reporting changes   IRS Publication 1220 states a change for the 2016 tax year when reporting nonemployee compensation payments in Box 7 of the 1099-MISC tax form.  If your Financial Institution has 1099-MISC forms with Box 7 information, they...

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