I have two rental homes. The property manager issued one 1099-MISC. The program can't distinguish income from both properties. How can I separate the two incomes.

fignueton · ‎June 3, 2019

MichaelL1 · ‎June 3, 2019

Enter the 1099Misc twice, once of each of the two rentals and the total income reported for both will total what is on the one 1099Misc.

So you have to allocate the total income from the 1099Misc to the two properties and then go in and enter this as income for each of the properties.

Key is, only the total income is reported, make sure you don't exceed what is on the 1099Misc.

MichaelL1 · ‎June 3, 2019

Enter the 1099Misc twice, once of each of the two rentals and the total income reported for both will total what is on the one 1099Misc.

So you have to allocate the total income from the 1099Misc to the two properties and then go in and enter this as income for each of the properties.

Key is, only the total income is reported, make sure you don't exceed what is on the 1099Misc.

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