Get your taxes done using TurboTax

Thank you for your answer, however, my issue is not a timing one. Gifts do not require 1099s., and loans do not either. Additionally, since the payor is me and the payee is the recipient having a third party prepare a 1099 does not make sense at all. The Payor is responsible. I agree the law is absurd in that it adds and uninvolved third party...