• Chapter Treasurers

  1099-MISC

  Posted by Karen L. Hanus, AHIP on August 5, 2024 at 5:56 pm

  I know that tax-exempt organizations (which chapters of MLA are) only have to send a 1099-MISC form to a speaker if they paid them $600 or more for services performed during the year. I’ve always tried to get our program and CE committees to keep speaker fees below $600 or use professional speakers who can present us an invoice (which we could pay with a credit card and would free us from the burden of sending a 1099-MISC). But, this year’s conference committee has apparently negotiated a speaker fee over $600, so I think I’ll need to do this for the first time. Can anyone offer any advice? Do we need to have the speaker complete a W-9? Is there anything else?

  Jackie Hittner replied 6 months, 3 weeks ago 2 Members · 1 Reply
• 1 Reply

• 

  Jackie Hittner

  Member

  August 6, 2024 at 4:06 pm

  Karen,

  MCMLA has a speaker agreement which is completed by the chapter contact for the speaker and the speaker. If the amount to be paid to the speaker is $600 or over, then a W9 form is sent also. The speaker agreement and W9 form is sent to the chapter contact for the speaker who will complete their part of the speaker agreement. The chapter contact will send the speaker agreement and the W9 form to the speaker to complete and return to the chapter contact for the speaker. The chapter contact for the speaker will send the completed speaker agreement and W9 form to the treasure. It is the chapter contact for the speaker to inform the treasurer when the speaker can be paid. The treasurer will send the 1099 form in January to the speaker and IRS. I usually need one or two 1099 forms each year and I ask our accounting department for them.

  Hope this helps – Jackie

  MCMLA-Speaker-Agreement_Revised-2023.pdf 1,019 KB PDF - Click to view

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