Unfortunately, the issuance of a single 1099 form cannot include multiple names. However, we offer a practical solution for spouses wishing to be recognized equally in property ownership. By designating each spouse as a 50/50 owner, we can distribute payments evenly allowing for the possibility of using a single bank account for simplicity or splitting between two accounts for separate tracking. Consequently, two 1099 forms will be issued, one for each spouse, reflecting their respective shares. This method is similarly applied to co-owners, where each receives a 1099 form based on their ownership percentage. Please note, MoveZen Property Management is not qualified to provide tax advice. We strongly recommend consulting with a CPA or tax professional to determine the best approach for your situation. Many owners, especially those filing jointly, opt to list only one name for simplicity, but this decision should be made with professional guidance. This summary highlights the flexibility we can provide, but always seek tax advice from a professional before finalizing your tax information with us.