Is bulk fuel delivered to the city's fuel tanks reportable on a 1099-MISC?


IRS information reporting specialist Ms. Curran (ID# 1001306031) confirms that the bulk fuel purchase is considered merchandise and not reportable on a 1099-MISC. We added that the fuel supplier was delivering the fuel to the city’s fuel tanks, and she said a bulk fuel purchase is equivalent to you going to a gas station—not reportable—because the fuel is merchandise.

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