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Payments made with a credit card are not subject to reporting on Form 1099-MISC
January 25, 2013
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An excerpt from IRS Form 1099-MISC instructions: Payments made with a credit card or payment card and certain other types of payments, including third party network transactions, must be reported on Form 1099-K by the payment settlement entity under section 6050W and are not subject to reporting on Form 1099-MISC. See the separate Instructions for […]