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grirish
New Member

I hired a management firm to take care of rental property. They gave me a 1099-MISC. Do I enter this amount on page 1 of the 1040 or on Schedule E as rental income?

I am not self employed so I don't have a schedule C.  I only have the one rental property so I don't know how to record the income now that the rental company has sent a 1099.

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Patrice
New Member

I hired a management firm to take care of rental property. They gave me a 1099-MISC. Do I enter this amount on page 1 of the 1040 or on Schedule E as rental income?

Yes, you would enter this on a Schedule E as rental income. For more information on how to enter the 1099-MISC see below.

https://ttlc.intuit.com/replies/3288530


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1 Reply
Patrice
New Member

I hired a management firm to take care of rental property. They gave me a 1099-MISC. Do I enter this amount on page 1 of the 1040 or on Schedule E as rental income?

Yes, you would enter this on a Schedule E as rental income. For more information on how to enter the 1099-MISC see below.

https://ttlc.intuit.com/replies/3288530


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