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Do You Report Books Purchased Directly from Authors on Form 1099?
January 28, 2026
Q. I believe that we do not report for books purchased directly from the author, if the book is considered merchandise. We would if they were writing the books for us and there was some sort of royalties attached. Can you confirm?
A.
(Answered by IOFM's third-party tax expert)
Yes, this is correct. The mere purchase of a book is simply a supplies expense. If you direct them to write a book for you, that would be either contract labor or a royalty. If you were to purchase the rights to a book…
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