A2A.Generally, the company should report any compensation paid to you for services rendered, including bonuses and non-cash awards related to your work (like top sales awards). Form 1099-MISC could be used in some circumstances to report prizes that are not related to services that you performed for the company. For example, if you win a home theater system as a door prize at an employee meeting, and the value of that system was greater than $600, that would be reported on 1099-MISC. A prize would, however, be reported in box 3 rather than box 7 of that form.You should ask the company what income is included on the 1099-MISC.