Not sure. We need some additional information from you regarding your 1099-K. 1099-Ks are typically issued by payment settlement entities, such as PayPal or Venmo. A taxpayer reports rental property income on Schedule E. Income from a business activity gets reported on Schedule C.
Why did you receive a 1099-K? Was it given to you by tenants in your rental property? What were the facts regarding why you received a 1099-K in connection with your business?
@pbmunkey
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
