1099 MISC - RENTS

Forum|Forum|3 years ago
February 16, 2023
4 replies
41 views

IF A CLIENT RECEIVED A 1099 MISC FOR RENTS FOR RENTAL ASSISTANT TO HELP HER PAY HER RENT, HOW IS THIS RECORDED IF IT IS NOT TAXABLE INCOME TO HER.

TurboTax Business Windows

Critter-3

Level 15

Client ? None of the TT programs can be used by a paid tax professional.

Now ... did the person getting the rent assistance have a 1099-misc issued in their name or was it issued in the landlord's name ?

And who paid this assistance ? A private entity or a governmental agency?

Rlandry1Author

Level 2

THE LANDLORD WOULD NOT PROVIDE HIS INFORMATION. IT IS MY MOM AND SHE RECEIVED IT FROM A COMMUNITY ACTION PROGRAM

RobertB4444

Level 15

A 1099-MISC for rental assistance is provided to the landlord, not the tenant. If your client received a 1099-MISC for rents paid on her behalf then it was received in error and the landlords information needs to be conveyed to the proper authorities so that they can correct the 1099-MISC and re-issue it.

@Rlandry1

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