| 41. | In these cases, the payee can receive both Form 1099-MISC and Form W-2.
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| 42. | Form 1099 need not be attached to the payee's tax return if no tax was withheld.
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| 43. | But the checks, originally written to other parties, had been altered so that Sebaggala was the payee.
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| 44. | The original payees in the cheques were crossed, but bore Oung's signature to authenticate the alteration.
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| 45. | The bank either credits the payee electronically or, if necessary, cuts a check and mails it out.
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| 46. | Though similar to paying by cheque, the payee only needs the payer's bank and account number.
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| 47. | Payment is most commonly effected in the local currency of the payee, unless if the parties agree otherwise.
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| 48. | Unfortunately these steps cannot prevent someone from erasing the payee's name and writing in their own name.
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| 49. | "We will be a payer, not a payee, in revenue sharing, " he said.
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| 50. | "Cashed after payee's date of death ( on ) 6-4-97 ."
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