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Are stipends for COVID-related expenses 1099 reportable?
May 27, 2021
Q. One of our departments issued payments to individuals in form of stipends to get covid testing and related expenses. Please advise if the payment is 1099 reportable and on which form.
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.)
1) Were the recipients employees of the department, or were they members of the general…
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