Question:
Our self managed HOA engaged a bookkeeper beginning January 2023 who operates as a LLC, to perform our accounting functions. Are we required to issue a 1099-MISC for the services at the conclusion of this tax year? The services do exceed $600.
– Darlene
Answer:
Hi Darlene,
An HOA must file Form 1099-MISC for services rendered by a vendor of the association that exceed $600. Consult your accountant or a tax professional for further assistance.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
