Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

who report in schedule C (Rental) the total of 5 property reported in 1099

Rosmary0416
Level 1

THE MANAGEMENT CO. REPORT THE TOTAL OF THE 5 PROPERTY IN ONLY ONE 1099 FORM FOR THE FIRST TIME BECAUSE BEFORE THIS REPORT WAS IN SCHEDULE E, BUT NOT HOW I WILL REPORT IN THE SCHEDULE C ALL INDIVIDUAL INCOME AND EXPENSES OF EACH PROPERTY, PLEASE HELP ME TO FIND WHO I WILL DO , THANK YOU VERY MUCH FOR YOU ATTENTION AT THIS MATTER.

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

ALL CAPS makes things really hard to read.

Why is Sch C involved for rental properties?

Just input the income on each Sch E worksheet for each property (make sure the total income you report meets or exceeds the total shown on the 1099), you don't need to enter the actual 1099-MISC itself. 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

ALL CAPS makes things really hard to read.

Why is Sch C involved for rental properties?

Just input the income on each Sch E worksheet for each property (make sure the total income you report meets or exceeds the total shown on the 1099), you don't need to enter the actual 1099-MISC itself. 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪