Carl
Level 15

Investors & landlords

I get the impression you are a first time TurboTax user, even if it's not the first time you've done your own taxes. That's okay. It's not like you learn this stuff through osmosis. Heck, 95% of what I know about the program is what *NOT* to do.... and I didn't learn it by not doing it either. 🙂

We received a 1099-MISC which I entered under the Income section along with W-2s and a different 1099-NEC

What do you mean "along with"  the W-2's and 1099-NEC?

The 1099-MISC should have the income reported only in box 1, and no other. That 1099-MISC is entered in the Rental & Royalty Income (SCH E) section of the program, and no other. The 1099-NEC is not issued for rental income, for any reason. So the W-2's and 1099-NEC have nothing to do with this.

Later, under the Rental Property section I am being asked a second time to enter rental income

I doubt that. The rental & Royalty Income (SCH E) section of the program is the only section in the program that will specifically and explicitly ask you for "rental" income. The fact you started the above phrase with "later", tells me that you are incorrectly entering that income elsewhere in the program.

 

Since you didn't indicate what version of the program you are using, or if it's the CD version or online version, I can't give you specific details on how to start your tax return over from scratch. But that's what I recommend you do. Then only enter the information the program specifically and explicitly asks you for. If it asks for a W-2, enter it. If it does not ask you for income reported on any other form, then do not enter it until you get to a screen that specifically asks you for it.

If you are a first time user of the TurboTax program, then I recommend you do "NOT" use the online version. In my personal opinion (and we all know what those are like) the online version is just flat out not user friendly for a first time user of the program. It's drive you mental. The CD version is easier to learn and has more flexibility and versatility than the online version ever will.