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1099-MISC / 1042-S Tax Reportable Payment

Select if this is a tax reportable or not
If you're not sure, check "Not Sure, Acct Srvcs Should Complete"
To comply with IRS tax reporting requirements/regulations the UW must gather information on whether specific types of payments are reportable to the IRS according to IRS regulation and publications. The Excel table below lists all the types of payment account codes for the UW and under each account code it lists which transactions are reportable and which are not. Accuracy is of utmost importance to make sure that we report all payments accurately and to make sure we are in compliance with IRS and other federal requirements/regulations.