topic I paid a plumbing Co $1313.00 to replace a water heater in my rental property, does that require a form 1099-MISC? in Investors & landlords

I paid a plumbing Co $1313.00 to replace a water heater in my rental property, does that require a form 1099-MISC?

retaafeseng — Sat, 01 Jun 2019 06:59:29 GMT

Only if the plumbing company is not a corporation. If its...

ChristinaS — Sat, 01 Jun 2019 06:59:29 GMT

Only if the plumbing company is not a corporation. If its not obvious (i.e. You don't see Inc. in the name), give the company a W9.

https://www.irs.gov/pub/irs-pdf/fw9.pdf

In general, at the time when you pay or contract to pay, you should always present W9 forms to contractors. If they are incorporated, the company attests to this on the W9.

A sole proprietor, LLC, "Joe", etc. all get 1099MISCs.

An LLC that elects to be taxed as a corp doesn't get a 10...

ChristinaS — Sat, 01 Jun 2019 06:59:31 GMT

An LLC that elects to be taxed as a corp doesn't get a 1099MISC, but they must attest to this on the W9 and sign it.

Re: Only if the plumbing company is not a corporation. If its...

James3020 — Wed, 03 Feb 2021 18:22:30 GMT

I purchased it through The Home Depot, but he company that did the work had to comply with CA, regulation where a permit was obtain and an inspection afterwards. Cost 2,041.00.

Permit #0336562

Thanks,

James 3020

Re: An LLC that elects to be taxed as a corp doesn't get a 10...

James3020 — Wed, 03 Feb 2021 18:24:38 GMT

How do I obtain this W9?

James3020