Received insurance payment in 2021 for rental property sold in 2018 - where show the 1099-MISC?

[RU2]

I received an insurance payment in 2021 for a rental property sold in 2018 - where should I show the receipt (1099-MISC, box 1 - rents)? For example, I still file Schedule E for other rental properties, should I show the money as income against any other property?

[tagteam]

In what box is the figure?

If it is in Box 3, you can simply report it as Other income.

[RU2]

Thanks, they reported it as 1- rents

[tagteam · Accepted solution]

In that event, it is probably best to report it as such (as income from one of your rentals).

[RU2]

Thanks, makes sense.