I have multiple properties on 1 1099-misc. how do I enter it/them

[Carl]

Is this for rental income reported in box 1 of the 1099-MISC? If so, then you don't need to enter the 1099-MISC at all, so long as you include the income on the SCH E. Just tell the program that you don't have any rental income reported on a 1099-MISC, and then make sure that income is included on the SCH E, spread across the properties in the amounts that apply to each property.

Understand that when you enter a 1099-MISC, it's not sent to the IRS by you. In fact, not even the fact that the income came from the 1099-MISC is even included in your e-filed return that gets transmitted to the IRS.

[hiddenskier]

Was hoping that was correct....  did that for the first 8, but was getting nervous for the next 12 !!  

[hiddenskier]

And thanks  !!

[Anonymous]

when done make sure rental income line 3 on all schedule E columns is at least as much as 1099.   the IRS does compare the amount on 1099's it gets to what a taxpayer reports.   if you report less on return your asking for the IRS to change return without asking.   

[parom]

I have 3 rental properties. I have stated that I have received 3 1099MISC forms and I have split the income to 3 parts in column 1 of 1099MISC. Summary of the income is the same as I received on real 1099MISC.  Is this also correct?