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Duplicate 1099 Misc.
My rental property manager sent me a 1099-Misc. for all my rental income. With COVID - Colorado had a program that reimbursed tenant's for rent. I also received a 1099-Misc from Colorado Coalition of the Homeless which reflects a subset of the revenue reported on the 1099-Misc from my property management company. Entering both 1099-Misc totals results in a overstatement of total revenue received due to this duplication. How do I properly reflect this in turbo tax? I probably need to enter both 1099's but then revenue is overstated and I can't figure out a way to make a negative adjustment to correct total revenue. Thoughts?
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‎April 12, 2021
8:54 PM