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Updated 11 months ago,

User Stats

8
Posts
4
Votes
Keith Hoffman II
  • Pittston, PA
4
Votes |
8
Posts

W-9 /1099 for contracted work

Keith Hoffman II
  • Pittston, PA
Posted

Hey BP friends!  Question regarding the IRS requirements for hired contractors. I have several properties and have always done the remodeling and major renovations myself. I work a full time W-2 job and family life is now a priority w/ 2 young children....so I have been bringing on contractors to do my renovations.   I pay them all by check and all have legit full time business.....no "side work" guys.  Do I need to have them sign a W-9 and then send them a 1099 for their work? What documents are needed for me to claim this on my taxes?  TYIA. 

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