PatriciaV
Expert Alumni

Get your taxes done using TurboTax

Yes, if you are deducting the payments to your property manager as a rental expense on your tax return and paid them more than $600 for the year, then you are required to send them Form 1099-NEC. This service is available for free in TurboTax Online Self-Employed and TurboTax Home & Business.

 

Please see the 1099-NEC reporting requirements from the IRS for more information.

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