maglib
Level 10

Investors & landlords

There is confusion as all income is reportable on your tax return. The error is that a 1099 is not necesarilly required to be prepared. Regardless of not receiving a 1099, you are still required to report the earnings and pay your fair share of taxes.

I hope this was helpful.

**I don't work for TT. Just trying to help. All the best.
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I am NOT an expert and you should confirm with a tax expert.