{"id":21805,"date":"2025-11-10T11:30:00","date_gmt":"2025-11-10T19:30:00","guid":{"rendered":"https:\/\/www.rentecdirect.com\/blog\/?p=21805"},"modified":"2026-01-30T11:42:00","modified_gmt":"2026-01-30T19:42:00","slug":"1099-prep-in-rentec-direct-account","status":"publish","type":"post","link":"https:\/\/www.rentecdirect.com\/blog\/1099-prep-in-rentec-direct-account\/","title":{"rendered":"How to Prep for 1099s in Your Rentec Direct Account"},"content":{"rendered":"\n
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Before the busy holiday season is upon us, now is the time to ensure you are ready for 1099s for your rental business. Current 1099 requirements<\/a> mean that most landlords and property managers who need to file, will need to file electronically. Here is the must-know 1099 information for property managers and landlords who paid owners or vendors over $600 within the calendar year.<\/em><\/p>\n\n\n\n

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Rentec Direct\u2019s property management software allows you to conveniently file owner and vendor Federal and State 1099-MISC and 1099-NEC forms electronically. Through an integration with Nelco Solutions, Rentec Direct clients can electronically file their 1099 tax forms with the IRS and submit copies to their recipients to meet tax filing deadlines and requirements.<\/p>\n\n\n\n

Who is required to e-file their 1099s?<\/h2>\n\n\n\n

Property managers and landlords who pay owner clients and\/or vendors more than $600 within a calendar year are required to file 1099 tax forms with the IRS. If you file more than 10 tax forms, you must file them electronically under new requirements from the IRS.<\/p>\n\n\n\n

Under the IRS tax rules<\/a> implemented in 2023, filers of 10 or more returns of any type combined, including W2s, for a calendar year generally will need to file their forms electronically with the IRS. (Previously, electronic filing was required if the filing was more than 250 of the same type for a calendar year.)<\/p>\n\n\n\n

Important Note:<\/strong> If taxes are filed electronically, corrections will also need to be made electronically. Tax forms can be both submitted and corrected electronically through Nelco Solutions.<\/em><\/p>\n\n\n\n

Regardless of how you choose to file your taxes, Rentec Direct gives you the capabilities to analyze, confirm, and electronically file your tax forms with the leading experts in tax reporting, Nelco Solutions.<\/a><\/p>\n\n\n\n

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Nelco is offering all Rentec Direct clients one free filing with the code: RENTEC2<\/strong>5<\/p>\n<\/blockquote>\n<\/div>

\"Nelco<\/figure><\/div>\n\n\n\n

Rentec Direct Clients Who Work With CPA or Bookkeeper<\/h2>\n\n\n\n

If you work with a CPA or bookkeeper to file your tax forms, Rentec Direct generates the necessary reports your tax professional will request to complete your tax filing.<\/p>\n\n\n\n

Important Notes:<\/h3>\n\n\n\n
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