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Are $10 food vouchers 1099-reportable?
December 12, 2023
Q. If an organization is wanting to provide food vouchers would this be 1099 reportable? A group is wanting to conduct a survey regarding homeless individuals. If the survey is completed a food voucher for $10 or less would be provided. Would this be 1099 reportable?
A.
(Answered by Sovos, a 3rd party software, services and education provider offering assistance in tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, Canada, Quebec, Puerto Rico and State…
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