Thanks for responding Karen.I wrote incorrectly that I was filing schedule c.It is schedule e that I was filing since the only income is rental income.There is ...
Also, where do I mail the 1099-Misc to IRS and how much penalty do I have to pay.I read somewhere that the penalty is $50 (not for 2016 but for some prior year)...
We have a single member LLC with only rental property and have to issue a 1099-Misc to a contractor for work.We file Schedule E and do not get taxed as a corpor...