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Home › Forums › Housing › Rental Home Owners Face New Tax Reporting Burdens › jpinpb wrote: This is crazy.

January 18, 2011 at 6:22 PM #656716
SK in CV
Participant

[quote=jpinpb]
This is crazy. Say you travel for business. Yearly, you might have air travel or gasoline that exceeds $600. Are you supposed to send a 1099 to American Airlines and Chevron?

That’s unduly burdensome.[/quote]

Yeah it would be unduly burdensome. Fortunately there is nothing in the law that would require it.