Had to do some plumbing and electrical work on my rental property. I hired an established business to fix them costing more than 600. Do I need to send 1099 to them?

[SabrinaD2]

Yes, you generally need to send a 1099-NEC form if you paid an established business more than $600 for services, including plumbing and electrical work. Here’s what you need to know:

1. Form 1099-NEC: This form is used to report nonemployee compensation. If you paid $600 or more to a business for services, you must issue this form
2. Using TurboTax: TurboTax allows you to create and file 1099 forms. You can do this by:  
   1. TurboTax Online
      1. Go to the Quick Employer Forms site.
      2. Sign in and follow the instructions to create forms.
   2. TurboTax Desktop
      1. To access existing Quick Employer Forms:
      2. Go to the Quick Employer Forms site and sign in.
      3. On the My Businesses page, select the name of the business you're working on.

Note 1099 prep - Available in TurboTax Premium (formerly Self-Employed) and TurboTax Live Assisted P...

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