Hal_Al
Level 15

Investors & landlords

@garysanangel  - Yes, that's red flag.

 

In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in  Home & Business)

 - Wages & Income

  • “I’ll choose what I work on” Button

Scroll down to:

-Less Common Income

      -Misc Income, 1099-A, 1099-C

       - On the next screen, choose – Other reportable income 

       - On the next screen, click yes

       - On the next screen, you'll get blanks to enter the amount and a description.