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

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

My timeshare sent me a 1099 MISC STATING I RECIEVED INCOME FROM THEM. i did not pay nor ever recieve $ from them in last 2 yrs. what do i do?

I have been trying to sell my timeshare property, so I signed up and paid Newton Fin.Grp almost 2 years ago.  I am not allowed to contact my resort and they are not to contact me.  All of the sudden as I am ready to efile, I get the 1099 MISC in the mail.  Again, I have never received money from them. Do I ignore it, or is it illegal for them to pull a stunt like this as well.

?

Larry

Connect with an expert
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
ee-ea
Level 15

My timeshare sent me a 1099 MISC STATING I RECIEVED INCOME FROM THEM. i did not pay nor ever recieve $ from them in last 2 yrs. what do i do?

2 Replies
ee-ea
Level 15

My timeshare sent me a 1099 MISC STATING I RECIEVED INCOME FROM THEM. i did not pay nor ever recieve $ from them in last 2 yrs. what do i do?

See a lawyer and show him this  https://www.law.cornell.edu/uscode/text/26/7434

26 USC 7434

My timeshare sent me a 1099 MISC STATING I RECIEVED INCOME FROM THEM. i did not pay nor ever recieve $ from them in last 2 yrs. what do i do?

I really appreciate your answer and the law statute cited. Now, I have to find a lawyer who can assist me. I really felt it was illegal to do that. 

Thanks again

Larry

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies