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How should Condo Association Board fees be handled through taxes?


Question:

Condo Association Board has questions around reimbursement and taxes resized 600

Hello, I’m a member of a Maryland Condo Association.

My question is this.  If a Condo Association pays a Board member who is the Treasurer $1,000 per month, should a 1099 tax form then be sent to the Treasurer?


Answers (10)

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