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September 14, 2024
Question

If my former property management company has not provided me a 1040 and has been non-responsive regarding this info, should I estimate this information on my taxes?

  • September 14, 2024
  • 2 replies
  • 0 views
I am the property owner and we severed our relationship about 6 months ago. Lawyers are now involved for them to provide this info however they are still not responding. Looking to file my taxes.

2 replies

Employee
September 14, 2024

Your property management company for a rental property?

 

Do you mean a 1099-MISC (tax reporting statement)? If so, you do not need a 1099 in order to report rental income.

 

If this concerns something different, please elaborate.

Employee
September 14, 2024

Seems like you are confused about tax forms.  A Form 1040 is the form used to prepare and file your tax return with the IRS.  No one "provides" a 1040 to you.

 

A 1040 is the tax return form you prepare here to send to the IRS.   If you start entering data in this software you are preparing a Form 1040.   Please look at it so you will know what you are sending to the IRS:

 

PREVIEW 1040

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

 

Do you really mean you want/need some sort of 1099 -- like a 1099Misc  -- from the property management company?     Do you own rental property and you need to report the rental income you are receiving?  Provide some details.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Employee
September 15, 2024

If you paid the property management company, you have your own records of what you paid them.  If you collected rent, you also have your own records of what they paid you.  File your tax returns from those records.

 

If they have withheld rent, it would not be 2023 income at this point, because it was not paid to you in 2023, so just report whatever you actually received.  If you get more rent paid to you later, that will be income in whatever year you receive it.