incorrect 1099

[Ken Dog]

How do I separate rents for personal properties and business properties that were combined on one 1099 due to my SS#

[Ken Dog]

testing testing.

[gloriah5200]

As long as your records determine how much was for which income property, then you will need to add the full amount in on one property and then take a deduction for the amount to go to another property.  As long as the totals of income are reported on the return and allocated so IRS can trace them, then you should be okay.  They may send you a letter of inquiry, as a worse case scenario and you can explain to them.

I would ask the payor of the 1099s to separate them for future years, even if you have to get some EINs for the businesses.

[Ken Dog]

That's what I did....Filed a new w2 with EIN for business.

Now looking at schedule E,....nervous again because you cant enter an EIN.

Ahhhhh, what's the worst that can happen?🙄