topic How do I enter a 1099-misc I gave out for repair work on a rental preprty? in Investors & landlords

How do I enter a 1099-misc I gave out for repair work on a rental preprty?

jmayfield56 — Sun, 05 Jul 2020 17:03:03 GMT

Re: How do I enter a 1099-misc I gave out for repair work on a rental preprty?

BillM223 — Sun, 05 Jul 2020 18:35:14 GMT

If your question is how do you enter the expense on Schedule E that you reported on a 1099-MISC that you sent to someone for work done on your rental property, then after you indicate in the Rental/Royalty interview that you issued 1099-MISC(s), you will proceed to the Expenses, and enter the amount from the 1099-MISC that you spent in the appropriate category (Repairs in your case).

That is, you don't enter the actual 1099-MISC anywhere as if it were an income item, but you check off that you did issue 1099-MISC(s), and then enter the expense along with all the other expenses.

Re: How do I enter a 1099-misc I gave out for repair work on a rental preprty?

Carl — Sun, 05 Jul 2020 21:39:51 GMT

In other words, treat it "as if" you never issued a 1099-MISC in the first place, since as a rental property owner you most likely were not required to issue a 1099-MISC anyway, regardless of the amount.