TurboTax is asking me if I made any payments that require me to file a 1099; d payments I made to myself require I file a 1099? I receive 1099 income from my real estate broker because I'm an agent and run my business as a PA
If you pay yourself wages, where you withhold social security and medicare, then you do file a W-2 form. But you are not required to issue yourself a 1099-MISC form since you are already claiming your business income as part of your tax return.
thanks for the answer; I don't withhold ss and medicare, so I guess I would have to issue myself a 1099, yes?
No. That was the point in my answer. You do not have to issue yourself a 1099. You are already reconciling the income that you are claiming through your business on your own return. You are not required to issue yourself a 1099. Wages would be another story, but your portion of business income you earned is already reported through Schedule C.