Are film rentals reportable on Form 1099-MISC, Box 1?

January 29, 2019

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A. Yes, if they are actually rentals.  If they are actually royalties, they are reportable in box 2, which has a $10, not $600, threshold.  You will have to check the terms of your agreement to determine whether the payments are rentals or royalties. ----- This question was answered by COKALA Tax Information Reporting Solutions, LLC, 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,…

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