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SACRAMENTO VALLEY PHARMACISTS ASSOCIATION
Board of Directors Meeting
April 5th, 2017
CPA HQ SacramentoAttendance:
Board of Directors:
X
Patty M. Long (President)
Kevin LAU (Mm. Past Pres.)
X
Jennifer
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What is patty m?
Patty M is a form used to report information on payments made for services performed by independent contractors.
Who is required to file patty m?
Any individual or business who paid an independent contractor $600 or more for services performed during the year.
How to fill out patty m?
Patty M can be filled out online or on paper. You must provide the payer's information, the contractor's information, and the total amount paid.
What is the purpose of patty m?
The purpose of Patty M is to report payments made to independent contractors to the IRS for tax purposes.
What information must be reported on patty m?
The form must include the payer's name, address, and tax ID number, as well as the contractor's name, address, and tax ID number.
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