turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tony01969
New Member

I am completing a MISc 1099. How do I determine if I actively participated in business?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

I am completing a MISc 1099. How do I determine if I actively participated in business?

Please see this very complete answer from TurboTaxHelenaC which addresses your question:

https://ttlc.intuit.com/replies/5098632


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

2 Replies
Carl
Level 15

I am completing a MISc 1099. How do I determine if I actively participated in business?

If this is for rental property you own, there is absolutely no requirement what-so-ever for you to issue 1099-MISCs, regardless of the amount.
MinhT
Expert Alumni

I am completing a MISc 1099. How do I determine if I actively participated in business?

Please see this very complete answer from TurboTaxHelenaC which addresses your question:

https://ttlc.intuit.com/replies/5098632


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies