Accounting, Payroll & Pension Issues/director fees paid to employee

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Expert: - 9/24/2010


Question
If a physician (employee) of a hospital is also receiving director fees for his role as the director of one of the hospital's departments, how should the fees be reported?  On a 1099 or included on his W-2?

Answer
Director fees are reported in box 7 of the 1099-MISC.

You can find the instructions on page 3 at the top in the right hand column of the 1099-MISC instructions. You can go to www.irs.gov, click on forms and type in 1099, scroll down to 1099MisC 2009 and print it out. The information is on page 3.

Shirley

Accounting, Payroll & Pension Issues

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Shirley McAllister, CPP, PHR

Expertise

I can answer payroll questions, payroll tax questions, 401K questions. No stock option questions please and I have some knowledge of other pensions but am most familiar with the 401K pension. I can answer U.S.and Canada payroll questions proficiently and have a good general knowledge of UK and South Africa and some knowledge of Australia and New Zealand Payroll procedures. Please do not ask me homework questions I do not have time to answer them.

Experience

25 years with an international company in the Human Resources, Payroll and Payroll Tax areas.

Organizations
SHRM, APA, I.O.M.A.

Publications
I.O.M.A. and BNA

Education/Credentials
P.H.R., C.P.P., Canadian Payroll Administrator, Successfully passed APA class on UK Payroll Administration. Boise State University Human Resource Certification

Awards and Honors
APA Hotline Citation of Merit for last 8 years.

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