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Record retention for 1099-reportable payments to a deceased employee
January 6, 2022
Q. What types of documentation are we required to keep on file (and potentially present in an audit) for 1099-reportable wages paid to a deceased recipient after the date of death? Specifically, could an auditor potentially request a copy of the death certificate, time cards, other payroll records, etc.? Also, are the requirements different for wages paid in the year of death vs. in a subsequent year?
A.
(Answered by a 3rd party, independent advisory services firm offering experienced and…
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