topic Rental income from section 8 tenant (government subsidized) on a 1099-Misc. Do I enter this income in the rental section or as a 1099-Misc? in Investors & landlords

Rental income from section 8 tenant (government subsidized) on a 1099-Misc. Do I enter this income in the rental section or as a 1099-Misc?

ramsgusom — Wed, 05 Jun 2019 21:40:29 GMT

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?

Yes, you will include the income on Form 1099-MISC as ren...

Leonard — Wed, 05 Jun 2019 21:40:30 GMT

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.