I own ranch land that I lease to a rancher for a flat fee so therefore use Schedule E. A utility company is interested in installing transmission lines on my property and paid me a fee to do a survey. This company issued a 1099-Misc with the amount listed in box 3 “Other Income”. TurboTax will not allow this entry under Schedule E. The land is owned by my sole proprietor LLC and is a disregarded entity. How do I enter this income in TurboTax?
