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I received a 1099-m from manag. co. I also received a 1099-m from the foundation that is paying the rent as an aid to the tenant. If I don't report 1 would IRS flag me?
I use a rental management company for my rental property. They send me a 1099-MISC. My property under management is rented out to someone who is getting aid from a foundation to pay rent. That foundation also send me a 1099-MISC. If I report both then I will get taxes twice, if I don't will IRS flag that I did not report a 1099? This is my first year filing with this foundation/management combination. Thanks!
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‎June 6, 2019
4:43 AM