Are there any requirements for government reporting of account credits given to commercial customers? All credits were provided through some type of promotion (e.g. open this get that) and are under $600 per customer? As far as I can tell the 1099-Misc rule only applies to consumers for prizes and 1099-int is only applicable to consumers for bonuses. Do I have that right?
I am apologizing in advance for posting my question in the Operations forum - it didn't seem to fit anywhere else!