• 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....
  • Calculate General Service Tax (GST) on Management Fees

    The Goods and Services Tax or General Service Tax (GST) is a tax that is paid on goods and services in Canada and the US. Now you can easily automate calculations and add a service tax to managemen...