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Investors & landlords
Yes, you can create/e-file/print Forms 1099-NEC using TurboTax Quick Employer Forms. You pay for that product by adding it to your TurboTax account through that link. You would use you social security number as a tax ID on the forms.
For rental property owners using Schedule E as stated by @DaveF1006 you do not have to file forms 1099 typically as those properties are typically treated as investments. However, if you are electing to take the 20% qualifying business income deduction from your rental income, you are considering your rental, a business, and therefore would have a requirement to file 1099's if you paid $600 or more to a business entity.
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‎January 15, 2024
1:07 PM