CU Webinar Webinars - Live

Form 1099 Reporting: Third-Party Vendors, Foreclosures, Debt Forgiveness & More

November 7 | 3:00 pm - 4:30 pm ET
Category:
CU Webinar Webinars - Live
Contact: Krista Simonis at ksimonis@mainecul.org

There are a wide variety of 1099 forms.

Does your institution know when and how to file each type? What documentation is needed? What kind of data is required to complete each one? Join this line-by-line review of Forms 1099-A, 1099-C, and 1099-MISC to make this year’s reporting a breeze.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Properly complete:
    • Form 1099-A, Acquisition or Abandonment of Secured Property
    • Form 1099-C, Cancellation of Debt
    • Form 1099-MISC, Miscellaneous Information
  • Know when Form 1099-A must be filed when repossessing or foreclosing on collateral and understand the exclusions
  • Distinguish what constitutes cancellation of debt for purposes of Form 1099-C
  • Understand when Form 1099-MISC must be filed for vendor payments, and which are exempt
  • Explain the rules for reporting miscellaneous types of income under Form 1099-MISC

For more information or to register CLICK HERE