Tax - Is it possible to issue 1099 misc for damages?
In March of 2016 my renters moved out and skipped out on paying their damages above and beyond the deposit that I kept. We had some ugly conversations and wasn't worth taking them to court over $1100 as I figured they wouldn't pay. I have seen on here that people say they issue a 1099-mics for uncollected fees. After reviewing the form, this doesn't seem right to issue the tenant this, as if its the wrong form. What am I missing here? Can someone provide some insight? I don't have an accountant. I would like to hit them with paying taxes on it if possible. Or the very least let them deal with the IRS when they don't include on their taxes. I'm guessing I'm too late to get anything filed.