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Rich293
New Member

I am a homeowner and had contractor remodel our BR in 2020 paid him >$8k. Now he is asking for a 1099.Now, I need to submit 1099NEC. How do I do it? Taxes done already

 
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4 Replies
rjs
Level 15
Level 15

I am a homeowner and had contractor remodel our BR in 2020 paid him >$8k. Now he is asking for a 1099.Now, I need to submit 1099NEC. How do I do it? Taxes done already

If the remodeling was done on your personal home, you do not issue a 1099-NEC or any other kind of 1099. Form 1099-NEC is only for payments made by a business, not for personal payments. Your contractor is confused and doesn't understand the tax rules. He does not need a 1099 from you, and you are not supposed to issue a 1099. Tell the contractor to consult his accountant or tax professional. (If he doesn't have a tax professional, he needs one.)


If the work was done on a rental property that you own, you probably do have to issue a 1099. But since you called yourself a homeowner, I assume that you are not talking about a rental property.

 

MinhT1
Expert Alumni

I am a homeowner and had contractor remodel our BR in 2020 paid him >$8k. Now he is asking for a 1099.Now, I need to submit 1099NEC. How do I do it? Taxes done already

As you are a private individual and not a business, you are not required to issue him a form 1099-NEC.

 

Your contractor can report his income without a form 1099-NEC.

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Rich293
New Member

I am a homeowner and had contractor remodel our BR in 2020 paid him >$8k. Now he is asking for a 1099.Now, I need to submit 1099NEC. How do I do it? Taxes done already

Wow thanks for the fast reply Mihn, that really helps.  Take care and HAGW!  Your friend, Rich

Rich293
New Member

I am a homeowner and had contractor remodel our BR in 2020 paid him >$8k. Now he is asking for a 1099.Now, I need to submit 1099NEC. How do I do it? Taxes done already

Okay Champ, thanks for the reply, it helped alot, and I informed the knucklehead contractor too.   

Take care. Your friend, Rich

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