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Level 5
Jan 26, 2024 9:30 PM UTC
Question

LLC rent

I have a LLC taxed as a C-corp. Every month we pay rent for office space. Do we need to issue any forms eg 1099-MISC to the person we are paying our rent to ??

2 replies

Level 15
Jan 26, 2024 10:53 PM UTC
PatriciaV
Alumni - Intuit
Jan 28, 2024 8:12 PM UTC

In general, you are not required to send Form 1099-MISC to a real estate agent or property manager. Rent paid directly to the owner should be reported on Form 1099-MISC, Box 1. You can file this using Quick Employer Forms, which is available directly from TurboTax Business and TurboTax Home and Business (CD).

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