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P.L. 112-9, The Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 (2 comments ↓ | 11 wiki edits)
- This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Public Law 112-9 repealed the expansion of information reporting requirements for payments of $600 or more to corporations.
()
[96 views]
Saves: $ per
and increases their $ share of the national debt by $.
(source: Congressional Budget Office)
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Visitor Comments
Lainie
April 4, 2011, 10:49pm (report abuse)Any part of Obamacare that can be defeated is great for America.
Michael Hampton
April 13, 2011, 10:17am (report abuse)Need to consider a added provision of reporting under Block 3 of the Form 1099-Misc to require that any entry be entered on Other Income part of the Form 1040. Presently, IRS is instructing business to enter it on their schedule C even though the income is not "earned income"
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