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sagersk
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Rental of bare land , will not let me enter 2 1099 for same property

Two partners rent land at some address they gave me two 1099misc 850.00 each it will not enter correctly took 1 payment to farm income and 1 to sch E

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Rental of bare land , will not let me enter 2 1099 for same property

I just did a test entry of two 1099-misc, box 1 and it worked fine for me in Rental Properties (schedule E) in TT Home & Business. If both of these are for rental income on land that you rent out, you do not want to put one in Farm Income because Schedule F is subject to SE tax.

Attached is a page snip for one place to enter this 1099-misc. You can also try entering it in Rental Properties but be sure not to duplicate.

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Rental of bare land , will not let me enter 2 1099 for same property

I just did a test entry of two 1099-misc, box 1 and it worked fine for me in Rental Properties (schedule E) in TT Home & Business. If both of these are for rental income on land that you rent out, you do not want to put one in Farm Income because Schedule F is subject to SE tax.

Attached is a page snip for one place to enter this 1099-misc. You can also try entering it in Rental Properties but be sure not to duplicate.

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