turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

obeirne
New Member

I own a small rental property business (LLC). I have multiple mortgage loans outstanding. Am I responsible for sending a 1099 to my mortgage company for loan payments?

 
1 Reply

I own a small rental property business (LLC). I have multiple mortgage loans outstanding. Am I responsible for sending a 1099 to my mortgage company for loan payments?

No, you are not required to send a 1099-MISC to your mortgage company(s).

See What is a 1099-MISC Form, who gets one and when is it due?

https://www.shrm.org/resourcesandtools/tools-and-samples/hr-qa/pages/whatisa1099-miscform.aspx

 


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v