evgirl
Returning Member

Get your taxes done using TurboTax

Thanks for that. I got a 1065 K-1. Is it too late for me to issue her a 1099-MISC? It's the first year and the interest on it is very small (less than $100) but I am concerned about what happens when the investment ends and I get hit with a big tax bill. Can I make an adjustment next year instead?