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Purchases of medical supplies
November 10, 2021
Q. Would the purchase of medical supplies be reported on the 1099-MISC Box 6 for medical payments? We are in the healthcare field and purchase a lot of medical supplies.
A.
(Answered by a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, and state reporting.)
No; payments for medical supplies are not Form 1099 reportable payments. They are "payments for which no…
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