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Why is Turbo showing rent received on a 1099-Misc separate from the rest of the rental income?
The 1099-Misc payment was received for tenant rent; Tax Act allows me to put it there and I get a refund; Turbo doesn't allow it to be there and I have to pay; why?
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June 4, 2019
2:49 PM
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Investors & landlords
You would need to enter the Box 1 (Rent) amount of the 1099-Misc under income in the rental section. If you do, the income shows on Line 3 Schedule E as rents received.
June 4, 2019
2:49 PM