Only rent can be entered on Schedule E.
I would argue that the management company should have included that in Box 1 with rent.
But they didn't.
The Utility Expense (162.85) WILL be reported on Schedule E.
The income will be on Schedule 1 as "Other Income". Make sure you select that it was not received as a means to "make money", that it was NOT like your job and that you only received in in 2022 so that the program does not try to get you to file Schedule C as a Self-Employed Taxpayer.
"Other Income" is taxable, but not subject to Self-Employment tax.
The result will be the same as if you reported it all on Schedule E as long as it doesn't generate a Passive Loss for the rental which would not be allowed to offset the income on Schedule 1.
Explain to the management company that this should have been included in Box 1 with rent since utility expense is a component of rent.
You did not sell them a product or service.
I'm sure it was an honest mistake, but since this is their job, the management company should handle reporting 1099-MISC properly.
@skim32
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
