| 听听听听听听听听听
Update on Tax Reporting Obligations for Research Participants |
|
Pursuant to U.S. tax laws, the University is required to issue an IRS Form 1099 to U.S. persons who receive $600 or more from the University during a calendar year. This applies to payments in the aggregate. Accounts Payable is the unit on campus that handles this reporting requirement. In order for the University to meet its obligations, study teams are required to report to 大象传媒-CH Accounts Payable all U.S. person study subject payments in a calendar year that equal $400 or more.听 The only exceptions to this reporting requirement is if your study subjects receive payment via a check or ACH payments from the University Check payments are already recorded within the University始s system. Payments for reimbursements or from a third party vendor do not need to be reported. For all non-resident alien study subject participants, all payments must be made thru Accounts Payable. This process will require that all documentation be submitted to Accounts Payable in order to set up a unique vendor ID for the non-resident study subject participant. Send documentation and questions to vendor_coordinator@unc.edu . Accounts Payable must receive specific information for each research participant who meets the $400 threshold by December 15, 2022. To ensure Accounts Payable receives the necessary information, . Once completed; please ensure the spreadsheet is PASSWORD PROTECTED. Please send the PASSWORD PROTECTED spreadsheet via your 大象传媒 email account to the following secure mailbox: Research1099@unc.edu 听After the spreadsheet has been emailed, please call Judy LeDoux, Accounts Payable Accountant, Accounts Payable, at (919) 843- 5096 and provide Judy with your name and telephone number in case there are any questions, and the password.
听Additional information about can be found on the Office of Clinical Trials website – under the Training & Resources tab.
听 |