What forms does Disbursing use to report payments to the IRS?
For US and Resident Aliens, IRS Form 1099-Misc, Miscellaneous Income, is mailed by January 31 for the preceding calendar year’s reportable income. For Nonresident Aliens, IRS Form 1042-S, Foreign Peron’s US Source Income Subject to Withholding, is mailed by March 15 for the preceding calendar year’s reportable income.