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requa1017
New Member

We have a rental property and I am having trouble figuring out how to enter the income from that. Form is 1099 MISC. OMB No. 1545-0115

On the 1099-MISC in box 1 it says "rents" then the amount. On here it doesn't even have a box 1 option. Am I missing something here?
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1 Reply
Coleen3
Intuit Alumni

We have a rental property and I am having trouble figuring out how to enter the income from that. Form is 1099 MISC. OMB No. 1545-0115

How to enter information in the Rental section.

  1. Search for rental expenses and then click the "Jump to" link in the search result.
  2. Answer Yes to the question Did you have any rental or royalty income and expenses?
  3. Follow the on-screen instructions as you proceed through the rental and royalties section.

  • We'll first ask you to enter general information about your rental (description, address, ownership percentage, etc.) 
  • Eventually, you'll come to the Rental Summary screen which is where you enter your:
    • Rental income
    • Rental expenses
    • Capital assets and depreciation
    • Vehicle expenses

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