FMW1
Level 1

Received a 1099k for my rental property showing security deposit as income. I am using schedule E to report income, do i need to show exact $ amount match for 1099k?

the 1099 k is combined for my 2 properties which i report separately for income. I just want to make sure like for 1099INT we have exact $ amount reported. However, with 1099k if i deduct the security deposit amount, reported income will not match 1099k. Is that an issue?