Reportability of online magazines and journals
December 16, 2020
Q. I know physical magazine and journals aren't tax reportable, but with everything going electronic, are annual purchases of online magazines and journals reportable to vendors that are not corporations?
(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.)
It depends on the fact situation of the agreement or subscription, so you'd…
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