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Level 1
June 6, 2019
Question

Do you have to complete a 1099-MISC for HOA dues? Is it beneficial for getting a higher return?

  • June 6, 2019
  • 1 reply
  • 6 views
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1 reply

June 6, 2019

No, you do not have to prepare a 1099-MISC for HOA dues unless it was for a rental property and you paid over $600.

As long as you have proof of the payments, you can justify your deductions. Just make sure to save your proof.

I've pasted a link to the requirements to issue a 1099-MISC for your use below.

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-o...

Level 2
January 30, 2020

In general, you do not have to prepare a 1099 for any corporate recipient (C or S Corps). There are some exceptions. But your question specifically referenced HOA dues...these payments are not for services and they are not payments of rent, so no 1099-MISC would be necessary.