Number: 
03-140-109
Type: 
Rule
Policy Steward: 
Manager of Vendor Pymt Ops
Format Updated: 
University Policy & Standards Converted: 
Status: 
Current
Revision Date: 
Tuesday, December 30, 2014

This information replaces FIS 412 1099 Reporting

 

1099 statements are reports of taxable income paid to individuals and companies by Oregon State University.  They are produced every January for the prior tax year.  Per IRS regulations, these statements must be mailed on or before January 31 or a penalty is assessed.  Business Affairs is responsible for producing the statements.

A list of 1099 reportable account codes is located in FIS Ex003-02: Account Codes.