It is the expectation that most teachers in RecognizeB5 will receive most or all incentive payments. By law, any participants receiving over $600 in any calendar year must receive an IRS 1099 Form from VECF in January of the following year. For example, if participants receive over $600 in calendar year 2024, VECF is required to send participants a 1099 Form in January 2025. Information obtained from participant W-9 Forms will enable VECF to comply with the IRS reporting requirements. Payments WILL NOT be issued to participants until a completed and signed W-9 form is received.