Sheri or / re: 1099 for Rent

[Guest guest]

Good Afternoon Sheri and ,

I am wondering if either of you could answer a question I have regarding the

1099 Tax Form.

Why doesn't Social Security issue a 1099-Misc Form (for other income or rent) to

those of us parents charging our disabled adults rent?

Thanks for your help

Lori

[Guest guest]

Lori,

1099's are issued by businesses. Social Security would not issue them. SSA is

not paying you rent, so they would not be issuing it. 1099-Misc for rent would

have to be issued by a business to someone (person or business) they are paying

rent to.

>

> Good Afternoon Sheri and ,

>

> I am wondering if either of you could answer a question I have regarding the

1099 Tax Form.

>

> Why doesn't Social Security issue a 1099-Misc Form (for other income or rent)

to those of us parents charging our disabled adults rent?

>

> Thanks for your help

> Lori

>

[Guest guest]

is correct.  For example if your child received a Section 8 voucher and

each month HUD sends you a check for rent, then you would receive a 1099 for the

total rent rec'd.  When you pay yourself rent from SSI funds, you are simply

using part of your child's SSI to reimburse yourself for fair share of household

expenses so it isn't considered rental income 'per se', merely shared living

expenses.

I was out of town and didn't have time to respond to an earlier email where

someone asked about paying for summer camp.  While camp is an allowable

expense, if your child spends all of their SSI check on camp and doesn't save

enough to contribute to household expenses, s/he will not get the full SSI

check.  So pay rent or fair share expense first and then use whatever is left

for goods and services that benefit the SSI recipient.  You can supplement the

cost of camp out of your own pocket but if you supplement total food and shelter

expenses, this will be deemed as 'inkind support' and result in a 1/3rd loss of

SSI.  So instead of receiving $674, your child will only receive $450 per

month.  The rationale being if your child is receiving inkind support, s/he

does not need the full check because they are getting 'free' or subsidized

housing from the parent or other relative. 

Terrie Varnet

From: cmfinato <cmfinato@...>

Subject: Re: Sheri or / re: 1099 for Rent

IPADDUnite

Date: Monday, April 11, 2011, 7:13 PM

 

Lori,

1099's are issued by businesses. Social Security would not issue them. SSA is

not paying you rent, so they would not be issuing it. 1099-Misc for rent would

have to be issued by a business to someone (person or business) they are paying

rent to.

>

> Good Afternoon Sheri and ,

>

> I am wondering if either of you could answer a question I have regarding the

1099 Tax Form.

>

> Why doesn't Social Security issue a 1099-Misc Form (for other income or rent)

to those of us parents charging our disabled adults rent?

>

> Thanks for your help

> Lori

>

[Guest guest]

are we allowed to file for food stamps for our adults on ssi?

Re: Sheri or / re: 1099 for Rent

 

Lori,

1099's are issued by businesses. Social Security would not issue them. SSA is

not paying you rent, so they would not be issuing it. 1099-Misc for rent would

have to be issued by a business to someone (person or business) they are paying

rent to.

>

> Good Afternoon Sheri and ,

>

> I am wondering if either of you could answer a question I have regarding the

1099 Tax Form.

>

> Why doesn't Social Security issue a 1099-Misc Form (for other income or rent)

to those of us parents charging our disabled adults rent?

>

> Thanks for your help

> Lori

>

[Guest guest]

Food Stamps (now known as SNAP) looks at HOUSEHOLD income. If your adult child

on SSI eats, cooks and shops separately, he can apply for SSI.

From: bethdamen@... <bethdamen@...>

Subject: Re: Re: Sheri or / re: 1099 for Rent

IPADDUnite

Date: Tuesday, April 12, 2011, 10:54 AM

 

are we allowed to file for food stamps for our adults on ssi?

Re: Sheri or / re: 1099 for Rent

 

Lori,

1099's are issued by businesses. Social Security would not issue them. SSA is

not paying you rent, so they would not be issuing it. 1099-Misc for rent would

have to be issued by a business to someone (person or business) they are paying

rent to.

>

> Good Afternoon Sheri and ,

>

> I am wondering if either of you could answer a question I have regarding the

1099 Tax Form.

>

> Why doesn't Social Security issue a 1099-Misc Form (for other income or rent)

to those of us parents charging our disabled adults rent?

>

> Thanks for your help

> Lori

>

[Guest guest]

Thank you Terri for the answer on summer camp.

I was planning on reimbursing myself a little each month (after I pay myself

fair share expenses) so use of the other $274 each month until I reach the $1125

total for the summer camp tuition.

Respectfully,

Diane S

>

> >

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> > Good Afternoon Sheri and ,

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> >

>

> > I am wondering if either of you could answer a question I have regarding the

1099 Tax Form.

>

> >

>

> > Why doesn't Social Security issue a 1099-Misc Form (for other income or

rent) to those of us parents charging our disabled adults rent?

>

> >

>

> > Thanks for your help

>

> > Lori

>

> >

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[Guest guest]

I've been setting aside $50/month in a savings account that is transferred

directly from 's SSI account to help offset the payment for summer camp.

There really isn't much left after he pays me fair share, his phone, and the

YMCA fee each month.

H.

Re: Sheri or / re: 1099 for Rent

Thank you Terri for the answer on summer camp.

I was planning on reimbursing myself a little each month (after I pay myself

air share expenses) so use of the other $274 each month until I reach the $1125

otal for the summer camp tuition.

Respectfully,

iane S

>

> Good Afternoon Sheri and ,

>

> I am wondering if either of you could answer a question I have regarding the

099 Tax Form.

>

> Why doesn't Social Security issue a 1099-Misc Form (for other income or

ent) to those of us parents charging our disabled adults rent?

>

> Thanks for your help

> Lori

>