This lesson focuses on the issue of Completing Form 1099-MISC. You can review the Executive Summary to obtain the key points or read the Weekly Lesson for a more thorough presentation of this topic. Start by completing the following interactive quiz to test your knowledge.
A church has two full-time pastors and three full-time lay employees. It also has two part-time custodians. Should these workers be treated as employees or self-employed by the church treasurer?
Instructions Click on the correct answer for each of the following questions.
Church treasurers must issue a Form 1099-MISC to every "non-employee" who is paid compensation of at least $600 during the year. In this week's lesson, we will review this important reporting requirement.
As a church treasurer, it is your responsibility to issue a Form 1099-MISC ...