more-arw search

Q&A Forum

W9 triggered by reimbursement for out of pocket expenses to job interview candidate?

Does the US Internal Revenue Service consider reimbursement of out-of-pocket expenses to job interview candidates to be compensation for services provided by a vendor?

Answers

EMERSON GALFO
Title: CFO
Company: C-Suite Services
LinkedIn Profile
(CFO, C-Suite Services) |

Yes, and the candidate needs to deduct HIS payment to the vendor when he files. But the real question is (at least for me) ......why subject the job candidate through this extra hoops/burden? You can just ask for the receipts (from the candidate) and expense it through the company. Better yet, let the company transact with the vendor and take the candidate out of the transaction/equation. But that is just me.

(Agent, JKS Solutions, Inc.) |

If you are reimbursing the candidate, and there is a documented reimbursement policy that is followed, then it does not trigger a 1099.

1840 views

Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email content@proformative.com to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.