Question: Rent payments that are processed through a third-party network after March 11, 2021, should be reported to the taxpayer on which form? The payer may

Rent payments that are processed through a third-party network after March 11, 2021, should be reported to the taxpayer on which form? The payer may elect to report the payment on either Form 1099-K, Payment Card and Third Party Network Transactions, or Form 1099-MISC, Miscellaneous Income. Only Form 1099-K, Payment Card and Third Party Network Transactions. Only Form 1099-NEC, Nonemployee Compensation. Only Form 1099-MISC, Miscellaneous Income.

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