Verizon Striking Members to Receive IRS form 1099.
Posted On: Dec 28, 2016
CWA Local 1103 will be issuing 1099-misc for Strike Benefits received during the 2016 Verizon Strike. CWA Local 1103 is recommending that you report the 1099 when you file your taxes.
•Only weekly flat payments received during the Strike will be reported on the 1099s. •Reimbursements for Gas Receipts and Medical Expenses are not reported. •COBRA payments and medical payments made on your behalf are not reported. •Your 1099 will be mailed out to you by January 31. •You will receive a 1099 only if you received more than $600.00 in weekly strike payments.