1099-MISC Incorrect from Rental Property Manager; Company not correcting

[naviator2003]

Hello, I have attempted over the past two months to address an incorrect 1099-MISC with my property manager for my rental properties, to no avail. With only days left until taxes are due, I am done with this person. I have the necessary documentation (year-end statements; ledgers) proving that their 1099-MISC is wrong. The question is, how do I properly report this in Turbotax? From what I have read, I need to submit supporting documentation with my return.

First question is: How do you submit supporting documentation with your return in Turbotax?

Second question: Do I change the 1099-MISC value to the correct value?

Thanks, in advance!

[Rainman12]

Do Not change any form the IRS has  a copy of.

Do enter as 'fees and commissions' any amount you can refute with documentation.

[naviator2003]

@Rainman12 Thanks for the reply. How do I attach said documentation to my return in Turbotax for efile?

[JulieS · Accepted solution]

You can't attach additional documentation to your e-file. Just report the 1099-MISC information as it is on the form and make a balancing adjustment to report the correct amount of income. 

For example, if your 1099-MISC shows $500 too much income, you can make a miscellaneous expenses entry of $500 and label it something like "Correction to 1099-MISC.".

If the amount of income is too low, just add additional income to make up the difference. 

Keep your documentation for at least four years in case the IRS challenges the return. This is not likely. 

[naviator2003]

@JulieS @Rainman12 Thank you both for the inputs. Per JulieS, I have added the difference as a "miscellaneous  expense" with the description of "Correction to 1099-MISC".