I'm a little confused on the entry. Looks like I may have several things going on.
I rented my house out for 6 days to a corporation for a sporting event. The 14 day rent rule applies.
I received a 1099 Misc. They put the compensation in block 7 (non-employee compensation) versus block 1 rents (we did have a formal rental agreement).
To recognize the 1099 Misc in turbo tax I entered the 1099 Misc. in the system. If I include the $$$ in block 1 it kicks off the Schedule E which gets deleted after I answer the questions related to the days rented. Then the amount shows up just as rent income. If I enter the 1099 Misc wit the information in block 7 and name it 14 day rent rule it shows up as a 1099 Misc with a profit.
If I try to enter the information in Less Common Income section, Miscellaneous Income and then click Other Reportable Income, it doesn't link to the 1099 Misc.
Any guidance related to this entry would be greatly appreciated.
