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1099 reporting payments made to entertainers' agents
September 28, 2021
Q. My university, located in California, hires out of state entertainers and performers and occasionally we pay the agents in lieu of the performers. We were recently made aware that the 592 documents should be made out to the performer regardless of who we are paying.
Do you know how this policy works? Are we to collect W-9s from both the agent and the performer? Are we to issue 592s to agents and performers?
A.
(Answered by a 3rd party, independent advisory services firm offering…
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