Does anyone else here have received multiple 1099-K and/or 1099-MISC for a fiscal year?
If so, is there any logic to how each one is structured?
For several years now, I have received multiple 1099 forms. I am a primary host with several properties (listings). In addition, I also co-host with several listings that belong to others and for which I receive a paid commission.
Would this be the reason I receive several 1099 forms? If so, would I receive a 1099 for my own listings and one per co-host? For example, If I am a primary host for three properties and a co-host for five other listings belonging to five different hosts AND I meet the income threshold for each listing, should I receive 6 different 1099 forms (one for my hosting income and five for each co-hosting income)?
Any enlightening comments would be greatly appreciated.
Superhost Co-host