1099-misc is issued by our rental property managers. our LLC is listed as the recipient. the rental property is owned by our LLC and that is jointly owned by me and my spouse. However, turbotax asks me to choose if the rental income is for only me or my only spouse. That's the definition of confusing!
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You do not have to enter the 1099-MISC specifically as long as you include the income reported in your total LLC income.
To change or add income to self-employment work you have already started you can follow these directions:
If this should go on the Sch E for rental income do NOT enter the 1099 directly in the 1099 entry section ... instead simply include that amount as rental income in the rental income section. Do NOT enter it as Sch C income. If your LLC is set up as a partnership (multimember LLC) then you need to file the partnership return form 1065 FIRST then the K-1 forms it produces go to your personal form 1040.
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