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Business & farm
Having separate 1099s would be best. Or you could issue Form 1099s to your brothers.
Your accountant’s suggestion would work, though I would not enter your brothers’ share of the rental income as an expense. I would enter it as an adjustment against rental income.
Unfortunately you are not able to do that in TurboTax so I recommend corrected 1099s.
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March 1, 2021
5:34 PM