skhe2116
Returning Member

Short term rental cancellation fees reported on 1099-MISC OMB box 3 other income

My management company reported Short term rental cancellation fees reported on 1099-MISC OMB box 3 other income.  When entering this form into Turbo Tax Rental Properties and Royalties it shows as Self Employment earned income and is subject to FICA and Medicare Taxes.  I think it is supposed to be unearned income but don't know how to designate it as such.