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Level 1
May 4, 2026
Question

what if the reason for 1099-mISC was not provided by mybroker? It is only $13.00 but TT is requiring a reason

  • May 4, 2026
  • 1 reply
  • 38 views
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1 reply

baldietax
Level 12
May 4, 2026

because it was only $13 which is below the threshold to send a 1099-MISC is $600 except royalties (box 2).

 

https://www.irs.gov/forms-pubs/about-form-1099-misc