Skip to main content
April 6, 2025
Question

Had to do some plumbing and electrical work on my rental property. I hired an established business to fix them costing more than 600. Do I need to send 1099 to them?

  • April 6, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    April 6, 2025

    Yes, you generally need to send a 1099-NEC form if you paid an established business more than $600 for services, including plumbing and electrical work. Here’s what you need to know:

    1. Form 1099-NEC: This form is used to report nonemployee compensation. If you paid $600 or more to a business for services, you must issue this form
    2. Using TurboTax: TurboTax allows you to create and file 1099 forms. You can do this by:  
      1. TurboTax Online
        1. Go to the Quick Employer Forms site.
        2. Sign in and follow the instructions to create forms.
      2. TurboTax Desktop
        1. To access existing Quick Employer Forms:
        2. Go to the Quick Employer Forms site and sign in.
        3. On the My Businesses page, select the name of the business you're working on.

     

    Note 1099 prep - Available in TurboTax Premium (formerly Self-Employed) and TurboTax Live Assisted Premium (formerly Self-Employed).

     

     Original Post