@vwang wrote:
Did the Property Management company issue this 1099 correctly?
No, they did not. The management company should have issued the 1099-MISC with the figure in Box 1 (Rents).
Your only recourse at this point is to contact the company and request that they issue a corrected 1099-MISC. Otherwise, you should simply enter the figure as rental income in the Rentals section of the program (Schedule E).
