Tuesday
Dec 12
2017

All About 1099 Reporting Part 2: Forms 1099-INT & 1099-MISC: Vendor Payments, Prizes & Interest on Deposit Accounts

Registration Options & Pricing

Please select your membership status.


Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available six business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up
150+
Webinars
Available
100%
Satisfaction
Guaranteed

Tuesday, December 12, 2017

10:00 am – 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

All financial institutions are required to file numerous 1099-INT and 1099-MISC forms each year. Do you know when and how to correctly file these forms? For example, Form 1099-MISC must be filed if your institution awards a prize worth $600 or more, but Form 1099-INT must be filed if the prize is $10 or more and related to a deposit account. Form 1099-MISC must be filed when your institution pays a vendor $600 or more per year, but there are exceptions if the vendor is a certain type of legal entity. Join us to learn how, when, and what to report on Form 1099-INT and Form 1099-MISC. The new 2017 Forms 1099-INT and 1099-MISC will be reviewed line-by-line.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • What to report, when to file, and penalties for not filing properly
  • Line-by-line review of Form 1099-INT (Interest Income)
  • What to do if an item or gift is given to an accountholder
  • How to determine what constitutes reportable interest
  • Line-by-line review of Form 1099-MISC (Miscellaneous Income)
  • How to determine which vendors you must report

  • TAKE-AWAY TOOLKIT
    • New 2017 Forms 1099-INT and 1099-MISC and the official IRS instructions
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

PART 1 STILL AVAILABLE!

"All About 1099 Reporting Part 1:
Forms 1099-A & 1099-C: Foreclosures, Repossessions & Debt Settlements "

Tuesday, October 24, 2017

WHO SHOULD ATTEND?

This informative session will be useful for all deposit operations staff, loan operations personnel, accounting clerks, tax personnel, accountants, management, compliance officers, and attorneys.

PLEASE NOTE: Program content is subject to copyright and intended for your individual financial institution’s use only.

MEET THE PRESENTER

Spencer Fane LLP
You might be interested in:

We provide credit union webinars on compliance, lending, regulations, security, operations, new accounts, collections, fraud, security & other topics. For more information on credit union education and online training opportunities, join our mailing list.