Rental Property Investor · St Augustine, FL · Member since 2019 · 264 posts · 279 votes
I have received 1099 from the county for the rent subsidies I received in 2020 thru the Cares Act. How will this money be taxed and why should I receive the 1099 and not the tenant. I understand the money was paid directly to me but it was a subsidy for the tenant.
Rental Property Investor · Northern, CA · Member since 2012 · 5k+ posts · 5k+ votes
5y
@Fred Cannon If the payment was to you, you're the one that should get the 1099. Sounds just like how the Housing Authority reports rent payments made on behalf of the tenants. (I get a 1099-MISC from them each year for rent subsidy payments made on behalf of Section 8 tenants.) And like Will said, it gets treated the same as any other rent payment from a tax perspective.