1099 Form UT 2025

1099 Form 2025 UT: What You Should Know

Form 1099-MISC is located at: The 1099-MISC allows for your employer to report on your tax return that you received additional money because of charitable contributions to which you are not otherwise eligible (e.g., scholarships, bursaries, fellowships). The IRS Form is available on the Internet on IRS.gov For detailed reporting forms for charitable contributions, see Required Schedule J for IRS 1099-MISC: No Schedule J if the amount of any contribution to a qualified organization is less than 200. (See IRS Section 202.522(c)(22) for exceptions.) Note: There is an IRS “loophole” in this rule since 1099-MISC is required if there is at least a 200 payment. Schedule J does NOT include a “Schedule P” for non-cash contributions which provide funds for a qualified organization. However, for purposes of reporting any 1099-MISC items, Schedule P can be included. See IRS Publication 982, Tax on Non-Cash Contributions. You are still required to complete Schedule J if you make a cash contribution to a qualified organization of less than 120. A qualified organization is a qualified private foundation, private school, church/charter school, charitable organization or non-profit organization as determined under the “Exceptions to the Non-Profit Income Exclusion” in IRS Publication 968, (IRS Publication 968-A: Private Foundations, Charitable Contributions, and Religious Organizations). A contribution is made during the calendar year of the tax return. A qualified organization that received the contribution is treated as if the contributor had designated the organization as a qualified organization on the contribution form. The qualified organization is eligible for the exclusion for purposes of the exemption. An amount is not taxable as a gift if it is not made (other than by check or draft) on or after a date that is 30 days or more after the date the qualified organization becomes eligible for the deduction. You must report any qualified organizational contributions to any return that includes a Schedule F or a similar form of return.

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