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Is Payment To a Parking Facility/Operator 1099 Tax Reportable?
December 11, 2025
Q. Is a payment to the parking facility/operator 1099 tax reportable? Would it be a 1099NEC form? (This is not an employee benefit of the parking vendor we are paying.)
A.
(Answered by IOFM's third-party tax expert)
Yes, such a vendor would be providing services and so reportable on 1099-NEC (pending exceptions such as the corporate exception, i.e. if the facility operator is a corporation, then no 1099 is issued).
#122055
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