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1099 MISC statements for IRS

Feb 10, 2023

Will I get a 1099 MISC form from you for my rental?


David S.
Feb 11, 2023

1099-MISC's were sent out to owners who successfully rented their week on January 31st, and should be received within 7-10 business days. If you don't receive it within that time period, please feel free to reach out to support@redweek.com and we'll take a look at things for you!


RedWeek Support
RedWeek.com
Feb 12, 2023

Hello, I did receive my 1099. However, in The Washington Post of Feb. 11, 2023, there was an article about IRS decisions on taxing payments over $600 made through 3rd party apps. This was included in the American Rescue Plan act of 2021 but the IRS has delayed guidance on that question ad it will not apply until the 2023 tax year (in 2024). Is it necessary then for me to claim my income from RedWeek for 2022 (assuming that the 1099 was also sent to the IRS). Since I live in Virginia that 3rd party income (mine was $1925) would be included in my gross income but it sounds like it will not need to be counted this year, only beginning in 2024 for 2023 taxes. Any information you have would be appreciated.


Patricia L.
Feb 13, 2023

With all due respect, isn’t this really a question for your tax preparer (not RedWeek) to answer for you?


KC

Last edited by ken1193 on Feb 14, 2023 12:12 PM

Feb 16, 2023

Thanks


Danny L.

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