AppFolio 1099 Update
AppFolio bookkeeping tips for property managers
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AppFolio has made important improvements to 1099 reporting for year-end.
End of Year Reporting: 1099 Improvements
You can now create separate 1099 forms per owner per property. For owners who have ownership in multiple properties, you will see a checkbox that allows you to generate 1099 PDFs separated by property.
Additionally, AppFolio has added the option to show or hide TINs/SSNs on 1099 forms.
Helpful Resources
- Form 4419 — Used to get a FIRE code to file electronically. You get extra time to send to the IRS while filing electronically, and it is required for PM companies with over 250 1099s.
- Blank W-9 — If you still need additional information from your vendors, try sending them a blank W-9 form.
Reminder
Start collecting vendor tax information now to avoid year-end delays. Having complete W-9s on file before December saves significant time during the 1099 preparation process.