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Clarifying 1099-MISC and 1099-NEC Reporting for Staff Retreat Expenses
March 24, 2025
Q. We did our staff retreat at a local resort that is an LLP. The amounts of the Room Accommodations (1099-MISC) & the Event/Catering services (1099-NEC) are laid out on the invoice. However, the deposit was paid with a CC and the remainder was paid by check. I know we don't own the responsibility to report the amount paid by CC. So what amounts do we report for the remaining balance (it's the combined total of room accommodations & event charges).
For Example:
$7000 - Total:> $5000 - room…
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