turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

We have a billboard on our property. the land is leased by a company and we get a 1099-misc. do we need a schedule e?is the address our own?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
RichardG
New Member

We have a billboard on our property. the land is leased by a company and we get a 1099-misc. do we need a schedule e?is the address our own?

Yes, you'll need to report the income as rental income on Schedule E.  Use the address where the billboard is located.  When TurboTax asks what type of rental this is, choose raw land.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question