Agent 1099 & T4A

Agent 1099 & T4A

Once your Brokerage administrator has turned the current year tax reporting on, Agents can find their 1099 / T4A right in their Loft47 Profile. Login to app.loft47.com and head to your My Profile menu. Scroll down the page to the Tax Return section of your profile, click the dropdown arrow, then pick the applicable year. * If you don't see a year in the dropdown, please notify your admin to add they allowable years in their Brokerage settings so you can proceed.


This will start your return's download, you can download the 1099 / T4A as many times as necessary (in the event it is misplaced) as long as your Brokerage has enabled the tax year. Please contact your Brokerage administrator with any questions about the figures.  


    • Related Articles

    • Adjusting your tax settings

      Adding/Updating Brokerage Tax ID Head to your Brokerage menu (the menu with the gear cog), click Edit Settings Add/update your Brokerage's Tax ID Turning on Tax Reporting In your Brokerage Menu>Settings, scroll down to the Allowable tax year field ...

    • Agent & Outside Brokerage auditing for tax reporting

      Scouring through your Brokerage's people's page to check each agent, their organization, and Outside Brokerage profile(s) are up to date can be daunting.  The easiest way is to head to Reports> Tax Returns Report, choose the year you're reporting ...

    • Agent Tax IDs and Organization Business Tax Numbers

      From the Tax Return report, you can export a CSV file to review people and companies that may be missing their Tax IDs. Agent Tax ID If an Agent is paid to their own name, you'll use the Tax ID (SSN for US clients, and SIN for CAN clients) on their ...

    • SK tax in Loft47 - How to deal with List side deals

      On List side deals in Saskatchewan the Listing brokerage is responsible for collecting the full amount of sales tax 11% which is made up of 6% PST and 5% GST.   To enable this to happen in Loft47 the following steps must be taken  IN LOFT 1. UPDATE ...

    • Canadian QuickBooks Online Sales Tax Postings and Filing

      Unfortunately, the QuickBooks Online API will not allow Loft to post sales tax the same way we are able to in Xero. In an Agent's payout we post a bill to be paid to the Agent. This bill will include posting the top line commission expense and income ...