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Nevada Medicaid
HIPAA Transaction
Standard Companion Guide
Refers to the Technical Report Type 3
Document
Based on ASC X12N version:
005010×218Health Care Premium
Payment: (820)
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What is payment 820?
Payment 820 is a form used by businesses to report payments made to independent contractors. It is also known as the form 1099-MISC.
Who is required to file payment 820?
Businesses who have paid independent contractors $600 or more in a calendar year are required to file payment 820.
How to fill out payment 820?
Payment 820 can be filled out online through the IRS website or by using tax software. The form requires information such as the recipient's name, address, social security number, and the amount paid.
What is the purpose of payment 820?
The purpose of payment 820 is to report payments made to independent contractors to the IRS for tax purposes.
What information must be reported on payment 820?
Information such as the recipient's name, address, social security number, and the amount paid must be reported on payment 820.
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