do I need to send 1099 form if my rental management company reported as s-corporation on w-9?

[bluebird]

Hi, 

I am wondering if I need to send 1099 form to the company who is managing my multiple rental units. They indicated on the w-9 that they are S-corporation and told me that 1099 is not needed in this case. Can someone confirm this is correct?

Thanks. 

[tagteam]

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@bluebird wrote:

They indicated on the w-9 that they are S-corporation and told me that 1099 is not needed in this case. Can someone confirm this is correct?

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That is correct. 

Exceptions.

Some payments do not have to be reported on Form 1099-MISC, although they may be taxable to the recipient. Payments for which a Form 1099-MISC is not required include all of the following.

• Generally, payments to a corporation (including a limited liability company (LLC) that is treated as a C or S corporation).

See https://www.irs.gov/instructions/i1099msc#idm140364727514192

[bluebird]

what about single member LLC? Is 1099 required in this case?

[tagteam]

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@bluebird wrote:

what about single member LLC? Is 1099 required in this case?

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Yes, it would be required but not if the LLC has made an election to be treated as an S corporation (as per the reference in your original question).