Administration's new tax proposal
On May 12, 9:07*pm, "Ed Pawlowski" wrote:
"HeyBub" wrote in message
m...
"Recipients of real estate rental income that make payments of $600 or
more to a service provider (such as a plumber or accountant) in the course
of earning rental income would be required to send an information return
(generally, Form 1099-MISC) to the IRS and to the service provider.
There will be a lot of contracts for $599
And those that aren't will be split into multiple jobs for $599 or
less.
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