1099-MSC

[Msantana7513]

I receive a 1099-MSC from a housing program for a property that a relative lives in and I don’t make any income on, i spend everything in the mortgage payments and HOA, but when I upload it it is considered additional income. How I can avoid this? i am not really making any income in this property 

[ThomasM125]

When you enter your Form 1099-MISC, you need to indicate that the rental income was from rental real estate on the screen that says Source of Form 1099-MISC. You need to then go the Rental Property section in Wages and Income. There you can edit the property created from the Form 1099-MISC entry and enter in the expenses you had that are associated with it.