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1099s for medical vendors that are tax-exempt entities
October 3, 2023
Q. We are a construction company that pays medical bills for injuries on our job sites. Normally we issue 1099s for all of our medical vendors whether they are a corporation or not. If they select other 501(c)(3), do they get a 1099 or are they exempt?
A.
(Answered by IOFM's third-party tax experts)
Tax-exempt status overrides the general rule of reporting medical and health care services payments in Box 6 of Form 1099-MISC. If your company's payment for medical services is made to a service…
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