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nick13
New Member

I own rental property in my LLC. My property manager. Issued me a 109 Misc. Where do I enter data from a form 1099 Misc in TurboTax Business.

 
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MichaelL1
Level 15

I own rental property in my LLC. My property manager. Issued me a 109 Misc. Where do I enter data from a form 1099 Misc in TurboTax Business.

This gets reported as income to the rental.  You just enter the gross rents an income and the other information from 1099Misc does not get entered.  You just keep the 1099Misc with the tax records. 

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MichaelL1
Level 15

I own rental property in my LLC. My property manager. Issued me a 109 Misc. Where do I enter data from a form 1099 Misc in TurboTax Business.

This gets reported as income to the rental.  You just enter the gross rents an income and the other information from 1099Misc does not get entered.  You just keep the 1099Misc with the tax records. 

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