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INDIANA HEALTH COVERAGE PROGRAMS R O V I D E RB U L L E T I NB T 2 0 0 8 3 7To:O C T O B E R8, 2 0 0 8Hospital ProvidersSubject: Reimbursement of Inpatient Blood Factor ClaimsOverview
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What is b t 2 0?
Indicates the form for reporting certain nonemployee compensation.
Who is required to file b t 2 0?
Anyone who makes payments to nonemployees totaling $600 or more during the tax year.
How to fill out b t 2 0?
You need to provide information about the recipient, the amount of payment, and other relevant details.
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To report nonemployee compensation to the IRS for tax purposes.
What information must be reported on b t 2 0?
Recipient's name, address, Taxpayer Identification Number, and amount of compensation.
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