• FAQ: 1099 Digital Copies

    You can now include digital copies for recipients when you e-File with Buildium.  To send digital copies when you file your 1099s, just select "yes" on the check out page under the first question: ...
  • 1099s Early Access

    Buildium gives you access to our 1099 e-Filing solution a few weeks before filing officially opens with the IRS. You can start creating your batches early, verify your tax numbers and recipient inf...
  • Select recipients to exclude from 1099 Filing

    Whether you have a vendor who isn't eligible to receive a 1099 based on their business type, or a rental owner who has dual ownership of a property and would like the other owner to receive the 109...
  • Form 1099 – Overview and FAQ

    Form 1099 is a US tax form that reports non-employee income and compensation to the IRS. Starting in 2021, there are two types of Form 1099 property managers may have to file: Form 1099-MISC and th...
  • 1099 payer

    A 1099 payer is the entity that files a 1099 form with the IRS. Synonyms include my property management company, me, or my association. For example: I paid Hank the Handyman $1,200 last year. I'll...
  • 1099 recipient

    A 1099 recipient is a vendor or rental owner to whom you will send a 1099 form. You can include as many recipients as you like in a single batch. For example: I paid Hank the Handyman $1,200 last ...
  • How does Buildium calculate 1099 totals?

    There are three boxes on a 1099-MISC form that are used in property management. This topic explains how the amounts are calculated in Buildium. Box 1 - Rent incomeShowHide This box is used for re...
  • Buildium 1099 e-Filing, powered by Nelco

    Save time with Buildium 1099 e-Filing, powered by Nelco to electronically file your 1099 federal tax forms with the IRS, and mail paper copies to the vendors and rental owners that were filed for. ...
  • Reprint a 1099 form

    If an owner or vendor loses their copy of a 1099 form you’ve filed through Buildium, or if something got lost in the mail, you can order a reprint. Reprints are the option to use if all the informa...
  • Correct a 1099 tax form that has already been e-filed with the IRS

      If you need to correct a 1099 form that has already been e-filed through Buildium, there are certain types of corrections that are able to be filed through our system, and certain corrections tha...
  • Transmitter Control Code

    A transmitter control code is an identifier that the IRS uses to distinguish different electronic filing companies who submit data to their FIRE (Filing Information Returns Electronically) system. ...
  • Buildium's W-9 tax form

    A W-9 is a request for taxpayer identification number and certification. It's a best practice to get one of these forms from any vendor or rental owner for whom you may need to file a Form 1099. Yo...
  • Reimbursements and 1099 tax filings

    A reimbursement is a repayment of an expense. For example:  Hank the Handyman bought me a pizza. I gave him $10 to pay him back. My employee ran to the office supply store to buy some toner on the...
  • California withholding tax

    The state of California has a law that requires property managers to withhold a percentage of rental income earned by rental properties located in California by rental owners who live out of state....
  • Goods and Services Tax (GST)

    The Goods and Services Tax (GST) is a tax that is paid on goods and services in Canada. You can also use the guidance in this topic for the Harmonized Sales Tax (HST). If you have questions about t...