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1099 Reporting for Escrow Payments Managed by a Title Company
February 18, 2026
Q. I have a question regarding funds that are held in escrow by a title company on behalf of another company. Since this is not considered income to the title company, should a 1099 be issued? Do I need to issue a 1099 company the title company is paying or is that the title companies' responsibility?
A.
(Answered by IOFM's third-party tax expert)
The party that issues the 1099 is the one who has management and control over the payment. If you are simply an intermediary with no oversight of…
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