https://www.irs.gov/pub/irs-wd/1349013.pdfInformation reporting with respect to payments made to veterinary corporations
This Chief Counsel Advice responds to your request for assistance. This advice may
not be used or cited as precedent.
ISSUES
Do payments made by a taxpayer in the course of his or her trade or business to a
veterinarian operating as a corporation have to be reported to the IRS under Internal
Revenue Code (“IRC” or “Code”) § 6041?
CONCLUSIONS
Generally, yes. Payments made by a taxpayer in the course of the taxpayer’s trade or
business to an incorporated veterinarian must be reported to the IRS to the extent the
payments aggregate to $600 or more per year. Incorporated veterinarians are not
exempted from the reporting requirement by Treas. Reg. § 1.6041-3(p)(1) because
veterinarians are “engaged in providing medical and healthcare services” for the
purposes of Treas. Reg. § 1.6041-3(p)(1).