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I own 50% of rental prop., but 1099 already divides rental income in half, TT divides it again when I report that I own half
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posted
June 3, 2019
11:44 AM
last updated
June 03, 2019
11:44 AM
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I own 50% of rental prop., but 1099 already divides rental income in half, TT divides it again when I report that I own half
You can add the other half of the income that is not on the 1099 on the Review your Rental Summary screen:
- Click on Start/Update next to Rental Income
- On the screen Was Income for This Property Reported to You on Form 1099-MISC?
- Choose the answer Yes, some income for this property was reported on Form 1099-MISC, but I had other income as well.
- On the next screen, click on SKIP Forms 1099-MISC
- On the next screen, Enter Any Rental Income, you can enter the additional income in the box 2017 Rental Income
June 3, 2019
11:44 AM
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I own 50% of rental prop., but 1099 already divides rental income in half, TT divides it again when I report that I own half
You can add the other half of the income that is not on the 1099 on the Review your Rental Summary screen:
- Click on Start/Update next to Rental Income
- On the screen Was Income for This Property Reported to You on Form 1099-MISC?
- Choose the answer Yes, some income for this property was reported on Form 1099-MISC, but I had other income as well.
- On the next screen, click on SKIP Forms 1099-MISC
- On the next screen, Enter Any Rental Income, you can enter the additional income in the box 2017 Rental Income
June 3, 2019
11:44 AM
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