All About 1099 Reporting Part 2: Forms 1099-INT & 1099-MISC: Vendor Payments, Prizes ...

Dec 13, 2017 03:00pm -
Dec 13, 2017 04:30pm
(GMT-5)

Event Description

All financial institutions are required to file numerous 1099-INT and 1099-MISC forms each year.  Do you know when and how to correctly file these forms?  For example, Form 1099-MISC must be filed if your institution awards a prize worth $600 or more, but Form 1099-INT must be filed if the prize is $10 or more and related to a deposit account.  Form 1099-MISC must be filed when your institution pays a vendor $600 or more per year, but there are exceptions if the vendor is a certain type of legal entity.  Join us to learn how, when, and what to report on Form 1099-INT and Form 1099-MISC.  The new 2017 Forms 1099-INT and 1099-MISC will be reviewed line-by-line.

Highlights:

  • What to report, when to file, and penalties for not filing properly
  • Line-by-line review of Form 1099-INT (Interest Income)
  • What to do if an item or gift is given to an accountholder
  • How to determine what constitutes reportable interest
  • Line-by-line review of Form 1099-MISC (Miscellaneous Income)
  • How to determine which vendors you must report 

Take-Away Toolkit:

  • New 2017 Forms 1099-INT and 1099-MISC and the official IRS instructions
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

Who Should Attend?

This informative session will be useful for all deposit operations staff, loan operations personnel, accounting clerks, tax personnel, accountants, management, compliance officers, and attorneys.

Registration Options:

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Nov 07, 2017.
Regular registration starts on Nov 08, 2017 and ends on Dec 13, 2017.
Late registration starts on Dec 14, 2017.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00