turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tvbolden
Returning Member

1099-misc

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?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
LeonardS
Expert Alumni

1099-misc

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
tvbolden
Returning Member

1099-misc

One of the 1099s has my personal information and the other has my LLC information.  Does that make a difference?

AliciaP1
Expert Alumni

1099-misc

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:

 

  1. Open or continue your return in TurboTax
  2. Search for self employed income (use this exact phrase, don't add a hyphen) and select the Jump to link at the top of the search results
  3. Answer Yes on the Did you have any self-employment income or expenses? screen
    • If you land on the Your 2021 self-employed work summary page, select Review next to the work you're adding income for
  4. Answer the questions on the following screens until you arrive at Let's enter the income for your work
  5. Select the form that applies to your situation and Continue
  6. You can enter the info from your 1099 form on the following screens

@tvbolden

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies