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baddog42
New Member

I have 3 1099-MISCs reporting revenue from natural gas drawn from beneath my property. Do I enter these where TurboTax asks about 1099-MISCs or aggregate on Schedule E?

I have 3 1099-MISCs reporting revenue from natural gas drawn from beneath my property.  Do I enter these where TurboTax asks about 1099-MISCs or aggregate the 3 values and report the total on Schedule E as each of the form directions says?

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MinhT
Expert Alumni

I have 3 1099-MISCs reporting revenue from natural gas drawn from beneath my property. Do I enter these where TurboTax asks about 1099-MISCs or aggregate on Schedule E?

In TurboTax, you'll need to enter the 3 forms 1099-MISC separately. You cannot enter values directly on Schedule E. 

TurboTax will then aggregate and report the total on Schedule E.

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1 Reply
MinhT
Expert Alumni

I have 3 1099-MISCs reporting revenue from natural gas drawn from beneath my property. Do I enter these where TurboTax asks about 1099-MISCs or aggregate on Schedule E?

In TurboTax, you'll need to enter the 3 forms 1099-MISC separately. You cannot enter values directly on Schedule E. 

TurboTax will then aggregate and report the total on Schedule E.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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