Are donations exempt from 1099 reporting?

May 18, 2020

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Q. Our company is making donations to various organizations for Covid-19 relief. Can you tell me if these organizations are exempt from 1099 reporting?  501(c)(7) organizations For-profit hospitals A. (Answered by a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, and state reporting.) An organization exempt from taxation under Code section 501(c)(7) is an "exempt…

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