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-   -   Employee with W-2 and 1099? (https://www.askmehelpdesk.com/showthread.php?t=625144)

  • Jan 5, 2012, 11:11 AM
    patyq2000
    Employee with W-2 and 1099?
    Owner of a company received the money for the office rent. Does he have to received 1099?
  • Jan 5, 2012, 11:32 AM
    joypulv
    No 1099 is needed for rent.
    But what does your title 'Employee with w2 and 1099?' mean?
  • Jan 5, 2012, 01:23 PM
    MLSNC
    I am assuming the owner of the Company also receives a W-2 from the Company for work performed. In addition he/she also owns the Company's building and receives rents. I hate to disagree but I think the rent payments do go on a 1099-Misc (Box 1).
  • Jan 5, 2012, 10:44 PM
    AtlantaTaxExpert
    Depnds on the TYPE of business. If the business is a corporation, NO Form 1099-MISC is required.

    If the business is a partnership, then the Form 1099-MISC is required.

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