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