Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
itsstillon
New Member

I recieved a single 1099-misc. from the Housing Authority for rents paid to three rental condos. How do I reflect the amount in box 1 to three seperate properties?

 
1 Best answer

Accepted Solutions
CarolC
Level 6

I recieved a single 1099-misc. from the Housing Authority for rents paid to three rental condos. How do I reflect the amount in box 1 to three seperate properties?

You can enter that you received a 1099-Misc for each condo, entering the Housing Authority as the payor.  You will allocate the income received according to how much was paid for each rental condo from the Housing Authority.  The total of the three separate 1099-Misc Schedule E entries in TurboTax needs to equal the one 1099-Misc you received. 

View solution in original post

1 Reply
CarolC
Level 6

I recieved a single 1099-misc. from the Housing Authority for rents paid to three rental condos. How do I reflect the amount in box 1 to three seperate properties?

You can enter that you received a 1099-Misc for each condo, entering the Housing Authority as the payor.  You will allocate the income received according to how much was paid for each rental condo from the Housing Authority.  The total of the three separate 1099-Misc Schedule E entries in TurboTax needs to equal the one 1099-Misc you received. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~