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1099s and real estate investment trusts (REITs)
March 28, 2023
Q. We received a 1099 with the Other box checked and they listed REIT. What are the general rules for a REIT on whether or not a 1099 would be issued? I know the dollar amount and type of payment will also factor into the determination.
A.
(Answered by a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, and state reporting.)
A REIT must be a U.S. entity taxable as a…
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