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Level 1
posted Jan 20, 2021 7:25:04 AM

I ran an airbnb (under my SSN) for part of last year. The profits were shared with the homeowner and another person. Where do I get 1099s for them (already have w-9s)?

We'd agreed before the start (and after much research) that I would run the airbnb and treat them as contracted employers for the work they provide to run it.

0 5 1430
5 Replies
Expert Alumni
Jan 20, 2021 7:39:55 AM

You can use TurboTax Self-Employed to prepare and e-file forms W-2 and 1099-NEC.

 

To prepare forms W-2 and 1099-NEC, follow these steps:

 

  1. Sign out of your account and sign in again.
  2. On the landing page, click on the down arrow next to Your account then click on  Create W2s and 1099s.
  3. You will be taken to the TurboTax Quick Employer Forms (QEF) website.
  4. Sign in with your TurboTax username and password. If you do not have an account, click Create Account to create a new account. Note carefully the username and password as you need then if you need to retrieve the forms later.
  5. After signing in, click on Create New Form
  6. On the next page, choose the type of forms you wish to prepare then click Continue to begin entering information for your forms.

Level 1
Jan 21, 2021 4:44:56 AM

Thanks so much! Do I leave the state income and taxes withheld section completely blank if I didn't withhold or should some of that section be filled? Thanks again.

Expert Alumni
Jan 21, 2021 5:31:02 AM

You would leave that area blank.

Level 1
Jan 23, 2021 6:09:33 AM

Thank you! Just to clarify, I don't even need to select the state for that section? It just all stays blank? Does it matter that I'm technically an NC resident while the 1099-NECs are being issued for residents of SC for an airbnb located in SC?

Expert Alumni
Jan 24, 2021 10:41:57 AM

No, it doesn't matter where you live vs. where they live. They will include their income on their own state's tax return.