Reporting medical payments
January 19, 2021
Q. Regarding medical payments, what all is included that should be reportable? Drug screenings?
Also, if we are self-insured and we pay medical claims out of a medical reserve account, is that reportable on 1099?
(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.)
Yes, payments for drug screening are reportable in box 6 of the…
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