Requirement to filie 1099 Misc on Schedule E rental expenses.

[cjg5820]

Thank you both for your comments. Regarding taxea's comment I agree that it wouldn't hurt to make the filing, but my clients were a bit dubious about how their ICs might react. In doing some of the research that KBTS mentioned I found similar client concerns mentioned in a 2010 post. At any rate, I appreciate the help.

[taxea]

And let us not forget that just because you are not required to submit a 1099m to an IC, when you own rental property, doesn't mean you can't.

[KBTS]

Google and this board will be of far greater assistance to you than the IRS help line (especially if you are just calling the general help line for the public). The search function in the upper right corner is a great way to start researching here if you have a question you think may have already been covered.

[cjg5820]

Thank you. I spent a half an hour on the IRS help line this afternoon, but was cut off before anyone could confirm this.

[KBTS]

The repeal was permanent.

[cjg5820]

Has anyone heard whether the 2011 congressional repeal of 1099 Misc filing requirements still stands in 2012? This was applicable to rental property owners who paid independent contractors for services in excess of $600.