Legal Question in Tax Law in Massachusetts
Is it tax fraud when a landlord company keeps all the interest of last month and security deposits of all their tenants for over 8 years and does not supply any of their tenants with a 1099 for that interest? Where all those tenants are not claiming the interest; then who is :-)
Asked on 4/18/17, 3:57 am
1 Answer from Attorneys
Under MA law the landlord is required to disburse the interest on the security deposits each year,
Answered on 4/18/17, 12:31 pm