Hi,
I received a 1099-Misc with "other income" for my rental property. The other income of
$2,476.50 was from the deposit for repairs of ~$6,600 to the property from tenant damage. As a result it did not cover the full repairs.
Turbotax is flagging that this income cannot be on a 1099-Misc for rentals, and a series of questions then has it applied to my regular wages. How do I fix this in Turbotax?
I saw one solution was to do a negative offset, but this seems to be incorrect given that it's the rental and not my own personal property.
