The IRS recently reminded motor carriers using owner-operators to include fuel surcharge payments in the Form 1099 report of compensation paid to the owner-operator. Correspondingly, the IRS urged owner-operators to confirm with the motor carriers that the compensation being reported in Form 1099 includes the fuel charge and to include any non-reported fuel surcharges in the income reported on their returns. Additional information is available at http://www.irs.gov/businesses/small/article/.
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Comments for IRS Reminder to Include Fuel Surcharge Payments to Owner-Operator in Form 1099