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Investors & landlords
I am a little confused. I have 1099 for farm rental for a farm that we have had for many years and have entered as i normally do.
this year, we picked up 1099 from a wind turbine, with money in Box 1-rents and also in box 3 other income. I understand that box 3 needs to be entered as royalty to avoid SE tax.
I am having trouble entering box 1 and box 3 in appropriate places in turbotax system Any further advice or screen shots? Thanks
ā€ˇFebruary 24, 2023
9:00 AM