HELP!!! 1099-MISC CONFUSION
- I have an odd situation. I received a 1099-misc from a solar company who will be putting in solar panels on my adjacent neighbors property approximately 2 years from now. I and other surrounding neighbors were paid $2500 as part of the project, basically that we won't oppose it. There are no solar panels on my property and will never be. The 1099-misc shows $2500 in box 1 as Rents. How do I file this? If I use a Schedule E it asks how long I used the property and how long it was rented. To me it is not rented because it's not being used. So confused! Any help is appreciated!!!
February 19, 2025
9:52 AM
