My rental property received a 1099-NEC with the business TIN on it. There is no where to report this on Schedule E. How do I handle this?
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A 1099-NEC is for non-employee income. Income is normally reported on Schedule C. We do want to help you with this. Please clarify what the 1099-NEC was for so we can determine if it should go on Schedule E.
Our apartments have an agreement with a local cable company to promote their company and we get a small percentage of sales.
No, this is not Schedule E income. You are, in effect, in the business of sales for your cable company. This is Schedule C income.
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