Employees must report the fair market value of their awards on their annual W-2 forms, while independent distributors, dealers, or other contractors must do the same on their 1099-MISC forms if the value of the awards surpasses $600 for the year.???I can do a round of golf with distributors, and I may need to have a 1099 form from each attendee,??? says Kevin Fletcher, president of Eden Prairie, M