Update Tip : 105

The 1099s are created to supply financial information about the transactions you have conducted for Owners or with Vendors in the previous tax year. RMS can assist you in reporting the information to the IRS as well as supply a copy to your owners.

Many Owners like to receive a copy of the Unit Totals Detail Report along with their 1099.

RMS can also assist you in creating a file to send to the IRS or to your accountant. Check out this video demonstration on 1099s.

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1099s and Unit Totals

Your RMS can print your Owner and Vendor 1099s.

As long as you have printed and Finalized correct Owner Statements each month throughout the year your Owner 1099s and Unit Totals should all correctly reflect accurate information. It's that simple!

RMS prints the information onto a form you feed your printer. Order Forms from Nelco:

Printing your 1099s

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