@rginnca wrote:
Hmmm. I noticed the all caps RENTING. Its a small business but we have real tax people and we've always done it with a 1099-MISC. I always viewed it as home office reimbursement but maybe the distinction between those two is more important than i had considered. We dont have "rental agreements" or anything formal. Just a monthly payment in addition to our salary (which is called "home office rental" in our bookkeeping. Reimbursement of other stuff (paper, ink, computers) is done separately.
If the corporation is paying a fixed amount, and there is no indication that it is a rental arrangement, it needs to be on the W-2 as taxable income, not on a 1099-MISC.
