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Investors & landlords
Understand that if the amount is less than $600 for the year to "any" "one" "individual" then the 1099 is not required. Also, to correctly complete that 1099 (which should be a 1099-NEC and not MISC) you will require their SSN or EIN. So they'll need to provide you a W-9 form for that.
‎July 14, 2022
9:12 AM