- Membership
- Certification
- Events
- Community
- About
- Help
What should be included on a 1099 for rent payments?
December 7, 2023
Q. I work for a bank with quite a few branches that we rent. I am trying to get some clarification on what items are included in the totals for 1099s for rent. Do you just report the base rent, or would you include items like CAM, insurance and property taxes if they are paid directly to the landlord? We have branches where we pay the property taxes to the landlord and we have branches where we pay the property taxes directly to the Receiver of Taxes. I have been finding conflicting information…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
