Keep the 1099-K in your tax records and report the rental income directly on each rental property. The key is to have the income in the right locations and a direct 1099-K is not required to file your tax return. In some cases it's easier, but not all.
- Open or continue your return.
- Navigate to the rentals section:
- TurboTax Online/Mobile: Go to rentals.
- TurboTax Desktop: Search for rentals and select the Jump to link.
- Answer Yes to the question Did you have any income from rentals or royalties?
- Enter your rental income in each property.
- For other details use this link: Where do I enter income and expenses from a rental property?
@sullivanmom24
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
