Rental properties Form 1099-MISC and Form 1099-K

amyonghwee · ‎February 10, 2025

I received a 2024 Form 1099-MISC from my property manager on the rental income. Already reported this into turbotax. My property manager uses Hemlane, a online software portal for rental activities. Hemlane sent me a Form 1099-K. How do I handle this form 1099-K ?

ThomasM125 · ‎February 10, 2025

You should not enter the Form 1099-K if you reported the income off of a Form 1099-Misc elsewhere as per this in the program:

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ThomasM125 · ‎February 10, 2025

You should not enter the Form 1099-K if you reported the income off of a Form 1099-Misc elsewhere as per this in the program:

**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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Rental properties Form 1099-MISC and Form 1099-K