1099-Misc

[dasutor]

I received a 1099-misc from my rental management corp. I have 2 rentals and the total income is reported in box 1.  I entered my 1099 within "wages and income" subsection "1099-misc and other common income". The turbo-tax  "Premier" software only allows me to assign this to one rental property on page "Rent or Royalty 1099-misc Income".  In wages and income subsection "rental properties and royalties" I see the total income assigned to this one rental. How do I report the 1099 and separate the total income to address the second rentals income.

V/R Dave

[Anonymous_]

Enter the rental income for each property from your records rather than the 1099-MISC.

The total should equal what is reported on your 1099-MISC. 

[Hal_Al · Accepted solution]

Or split the amount in box 1 and enter two separate 1099-misc.

[dasutor]

thanks for the advice