I have a section 8 property. I received a 1099-misc from the section 8 housing agency and a 1099-misc from my property management company for the same amount. Which one do I enter in turbo tax?
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If the 1099-MISC reports the same information as your management company you may use either one. However, you may want to use the 1099-MISC as this would also report the information on Form 1099-MISC that was reported to the IRS.
One of the 1099s has my personal information and the other has my LLC information. Does that make a difference?
You should use the one for your LLC and enter it as self-employment income.
To do this in TurboTax Online by following these steps:
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