bursar-l: 1099-MISC & 1099-C

When recording payments in Box 7 on the 1099-MISC for payments to an
independent contractor I've included the payment for services provided
and reimbursement for travel and lodging. Should reimbursement for
travel and lodging (the contractor does provide us with receipts for
these costs) be included?

Do any schools report the cancellation of students account receivables
on form 1099-C or report this cancellation of debt in another manner?

Thanks

Steve Stracensky

Salve Regina University

100 Ochre Point Avenue

Newport, RI 02822

(401) 341-2900

Bursar-l Archives: http://fa1.finadmin.virginia.edu/bursar/

Subscribe or Unsubscribe: https://list.mail.virginia.edu/mailman/listinfo/bursar-l
Received on Fri Feb 9 12:06:44 2007