All Forum Posts by: Rajeev Agrawala

 Thanks for the reference. I will pass on the interest to the tenant. However, the account is still in my name and the bank is going to issue 1099-INT in my name. How do I make the tenant pay the tax? Or in other words how do I set up the bank account so that the 1099 gets issues to the tenant directly?

Thanks for your help.

 I am in NJ.

Thanks,

Hi,

I have separate accounts setup for security deposit in Baselane. When I receive interest next year would I be responsible for paying the tax on that. How do people allocate tax to the renter rather than paying it themselves?

Thanks.