DawnC
Expert Alumni

Investors & landlords

You don't need to link it to the property.   Delete the income you entered with the property (either as a 1099-K or MISC or?) and leave the 1099-G box 6 income in the Other Income section.   The money is taxable (ordinary income) there, but it is not subject to self-employment taxes and if you link it to the property, it will generate self-employment tax.    This way, you are only taxed ordinary income tax ONE time.    If Box 8 of the 1099-G is marked, that would indicate that the income is business income.   In that case, an adjustment to your self-employment tax would need to be made.   

 

Enter the 1099-G from the Other Common Income section if you have taxable grants to enter.    Use the OTHER 1099-G section.

 

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