- Membership
- Certification
- Events
- Community
- About
- Help
Educational loans to non-employees
August 19, 2024
Q. As a healthcare system, we often contract for specialty providers that receive a 1099-MISC. We have an agreement for a provider to hire three people for whom we will provide educational loans that will be forgiven after a length of service with that provider. Each person will receive three payments over time, all with that service requirement. The payments are not to the contracted provider. I need some guidance on what box to report in, for how much and when.
A.
(Answered by IOFM's…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
