Comment
February 15, 2022
5:30 PM
February 15, 2022
5:30 PM
Based upon my renovating a family home, it was determine that I would be paid the rent. Although I do not owe the house, the property manager issued me a 1099-MISC for the rent payments. Please confirmed that I must file this as income on my Federal and State taxes - Maryland (resident) and Alabama (state income was generated). What forms should I files and how do I report the expenditures for maintaining the house - insurance, utility bills, security monthly service, repairs and materials? Thanks in advance