I am little confused now. Previous expert told me to follow below instruction. They did not mention any income to be entered in the 1099 MISC section. Could you please help me to figure out where to include the rebate information?. Thank you
- Log into your account
- Select Wages and income
- Less Common income
- Miscellaneous Income, 1099-A, 1099>start
- Scroll to the bottom of the page to Other Reportable Income
- Other taxable income, answer yes
- Then give a brief description of the income and the amount listed. Call it 1099 MISC Real Estate Rebate and then record the amount.
- Once this appears in a summary screen, click on the Add Miscellaneous Income Item and then call it Real Estate Dealer Rebate Offset and then represent it with a negative number.
