IRS Form 1099-Misc

The “Misc” is an abbreviation for “Miscellaneous Income” and the senders of the forms, for the most part corporate entities, are fulfilling a legal requirement to report payments that may be taxable income to the recipient of the payment and to the IRS.

In general, UCSD’s income, regardless of the source of it, is not taxable either by the Federal or State government.  And for that very narrow piece of income that may be taxable, we do not rely on Forms 1099-Misc to report it.

However, the Forms occasionally have some information, or misinformation, that might require GA to take some follow-up action.  Thus, it’s our recommendation that any Form 1099-Misc you receive be sent on to GA’s Cam Thach, mail code 0953.