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

rental income 1099-MISC

HOPE2
Level 9

Last year, my client received five 1099-MISC forms for each property rented to the county. But, for 2023, the county provided a single 1099-MISC for all of them. Now, I am wondering how to allocate the income between each rental. Fortunately, the client has given me a handy breakdown for each of them.

My problem is when I enter 1099-MISC, I can link it just to one property!

 

Any help!

0 Cheers
1 Best Answer

Accepted Solutions
sjrcpa
Level 15

Don't enter the 1099-MISC.

Directly enter the rental income for each property.


Ex-AllStar

View solution in original post

9 Comments 9
sjrcpa
Level 15

Don't enter the 1099-MISC.

Directly enter the rental income for each property.


Ex-AllStar
dascpa
Level 11

Then don't enter it.  As long as the grand total is inlcuded within all of your properties you don't need the 1099 for data entry. Go to each Schedule E or 8825, depending upon the type of return you're preparing.

HOPE2
Level 9

Thanks a lot @dascpa

0 Cheers
sjrcpa
Level 15

What am I? Chopped liver?😀


Ex-AllStar
HOPE2
Level 9

Thanks you so much @sjrcpa 

0 Cheers
sjrcpa
Level 15

You're welcome. I was just teasing.


Ex-AllStar
IRonMaN
Level 15

Can we just start referring to you as CL in future posts?😜


Slava Ukraini!
HOPE2
Level 9

@IRonMaN What does it mean?

0 Cheers
IRonMaN
Level 15

I was referring to Susan’s new name of Chopped Liver😊


Slava Ukraini!