topic split 1099 misc with my business partner in Get your taxes done using TurboTax

split 1099 misc with my business partner

Miwa2023 — Mon, 23 Feb 2026 11:00:44 GMT

I own a rental property with my partner and we filed 1099-misc separately (50% each) in the past.

We hired a new cleaning service in Nov and the total payment in 2022 was less than $1,200. The filing amount would be less than $600 when we file separately. Do we still need to file 1099-misc?

Re: split 1099 misc with my business partner

Anonymous_ — Sun, 08 Jan 2023 21:52:00 GMT

Do you file a partnership return (1065) or merely split income and expenses?

If the latter, you can each issue a 1099 for half even though it is less than $600 for each of you (assuming you even need to do so since 1099s are for business reporting purposes and it is a good idea for the QBI deduction).

Re: split 1099 misc with my business partner

Miwa2023 — Sun, 08 Jan 2023 22:36:50 GMT

I just split income and expenses. I will file 1099 for this. Thank you so much!