LilTaxCat
New Member

How to report income reported on a single 1099K between two Schedule E Rental income activities?

Hi! I am wondering if I should enter the 1099-K information twice, as if inputting two separate 1099-K forms, and allocate the income to each appropriate income activity. 

 

Will the IRS see this as accurate, as the 1099K information has been reported, and, added together, the 2 amounts equal the amount reported?

 

Thank you!