The problem with the utility Co. sending a 1099-misc AFTER it has already sent a 1099-s is that the IRS may now figure you have been paid TWO different times - ...
I just spoke with a utility representative, and it appears that the 1099-MISC should have been sent as this easement was for a temporary period of time. The acc...
Patricia, in a February 8, 2024 post you wrote:Yes, atemporary easementis treated asrental incomeand is reportable on Form 1099-NEC to the owner to be reported ...
I received moneys for a temporary construction easement, but the utility company sent me a 1099-s. I thought rentals would be on a 1099-misc and the permanent e...
