I entered 30K of rental income and when I go to the business page it shows 52K in income. Why is it showing an amount I didn't enter?

On the rents and royalties summary, it shows 52K in QBI but I only had one 1099K for less than 30K

posted

Connect with an expert

1 Reply

I entered 30K of rental income and when I go to the business page it shows 52K in income. Why is it showing an amount I didn't enter?

To clarify, is the only business income you recorded was $30K from the 1099K or did you enter other income?

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

Still have questions?