Kansas Department of Administration

00-a-023 - Expenditure Sub-object Codes for distinguishing between taxable and non-taxable awards (June 21, 2000)

Posted on 10/21/2021 at 12:49 PM by Kansas Department of Administration

INFORMATIONAL CIRCULAR NO. 00-A-023
DATE: June 21, 2000
SUBJECT: Expenditure Sub-object Codes for distinguishing between taxable and non-taxable awards
EFFECTIVE DATE: July 1, 2000
A & R CONTACT: Pam Karns
Mike Lovich
(785) 296-2660
(785) 296-2131
(pam.karns@da.state.ks.us)
(mike.lovich@da.state.ks.us)
APPROVAL: Approved by Dale Brunton
SUMMARY: Establishment of Additional Expenditure Sub-object Codes for Items Not Reportable to the IRS and Change Descriptions for 2950 and 2980 to be Reportable to the IRS.


In order to streamline the work effort involved with issuing 1099s two new expenditure sub-objects are being established effective July 1, 2000 to distinguish between taxable and non-taxable awards. In conjunction with this, the descriptions for the following Contractual Services" are being changed as follows:
 
2950 Non-Employee Awards, Rewards, Premiums and Bounties - IRS Reportable
2980 Employee Awards (Non-Cash) - IRS Reportable

The additional expenditure sub-object codes are being established under the category of "Other Contractual Services" as follows:

2954 Non-Employee Awards, Rewards, Premiums and Bounties - Not IRS Reportable
2984 Employee Awards (Non-Cash) - Not IRS Reportable

These new expenditure sub-objects are to be used to code purchases for plaques, trophies, pins, mugs and other similar items under $20.

These revisions will be reflected in the Uniform Expenditure Classification of Expenditure Sub-object Codes filing (PPM No 7,002) on the Division of Accounts and Reports web site http://www.da.ks.gov/ar/ppm/ppm01001.htm.

DB:pk

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