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Deductions & credits
It doesn't matter. If the amount is in box 1, of the 1099-Misc, it gets reported on Schedule E, as rental income, regardless of how the land was used.
You must report all income, regardless of whether you got a 1099-Misc. Individuals are not required to issue 1099-Misc's. Any business that paid you more than $600 is required to give you a 1099-Misc. But that's their requirement. You are not required to have one to report the income
‎June 15, 2020
10:16 AM