I paid several different contractors for work done on rental and each job was well below 600 dollars but total of all exceeds limit do i need a 1099 for each one

stkhandle · ‎June 4, 2019

maglib · ‎June 4, 2019

No, The 1099 is $600 per contractor who did work. You still need to keep receipts though.

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.

View solution in original post

maglib · ‎June 4, 2019

No, The 1099 is $600 per contractor who did work. You still need to keep receipts though.

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

I paid several different contractors for work done on rental and each job was well below 600 dollars but total of all exceeds limit do i need a 1099 for each one