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I materially participate in the management of a rental property. Am I required to file form 1099 misc for payments of more than $600 individuals who do work for me?
I own only one rental single family dwelling. I materially participate in the management, maintenance, etc. of this property. I deal with several non incorporated business and individuals to make improvements or repairs. Do I need to report on 1099 misc payments made to these individuals in excess of $600 annually? The activity on this property shows up on a Schedule E on my 1040 generated by Turbo Tax.
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‎June 6, 2019
7:23 AM