573447
Half my rental income comes from the government, and half from the tenant. Becuase it is a section 8 tenant.
The government sent me a 1099-Misc. Instead of entering this in the 1099-Misc section on turbotax, I would like to enter this in my rental income section, so I can deduct various rental expenses against this. Is this correct?
You'll need to sign in or create an account to connect with an expert.
Yes, you will include the income on Form 1099-MISC as rental income.
Under Income & Expenses select income from Form 1099-MISC and select start.
Follow the screen prompts to enter your Form 1099-MISC data.
After you enter the Form 1099-MISC TurboTax will ask you for the source of the income select rental income from the rental of real estate.
Yes, you will include the income on Form 1099-MISC as rental income.
Under Income & Expenses select income from Form 1099-MISC and select start.
Follow the screen prompts to enter your Form 1099-MISC data.
After you enter the Form 1099-MISC TurboTax will ask you for the source of the income select rental income from the rental of real estate.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jmgretired
New Member
jamesmac007
Level 3
bruce-carr49
New Member
soccerdad720
Level 2
jliangsh
Level 2