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Investors & landlords
The income must go in box 1 for your tax forms. You can ask for a corrected form and keep proof of your conversation. For example, call and then follow up with an email recapping the conversation. They might issue a corrected form but quite possibly, will not. As long as you can show the IRS what happened and explain it, if they ask, all is well. Keep your records for any rental the entire life of the rental plus at least 3 years.
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‎January 28, 2025
3:06 PM