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June 1, 2019
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My 1099Misc for rentals is lumped into 1 1099 for three rentals. How do I enter the amounts for each rental?

  • June 1, 2019
  • 1 reply
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I have three rentals handled by one property management company.  They lumped the rent totals into 1 amount on 1 1099 MISC.  If I separate the amounts, they won't agree with the 1099 and I am more liable for an audit.  This did happen to me in the past which is why I am hesitant about how to enter the info

Best answer by

You can split the amounts between the three rentals if you know the amounts each made. Make sure the amounts add up to the 1099.

1 reply

Answer
June 1, 2019

You can split the amounts between the three rentals if you know the amounts each made. Make sure the amounts add up to the 1099.