Question

How do I file separately for Schedule E on 2 units on a duplex with only one 1099-Misc?

Forum|Forum|2 years ago
February 21, 2024
1 reply
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I've always rent the 1st unit of a duplex but starting mid last year, I've also rent out the rest of the 2nd unit too. How do I put separately for Schedule E on Turbo Tax since only one 1099-Misc form is applied to the whole duplex?

TurboTax Online

A

AnnetteB6

You can enter the Form 1099-MISC under each separate side of the duplex if they are entered as two separate properties on your Schedule E or skip entering it altogether.

If you enter it under each property on Schedule E, just change the amount of rent received to match your records for the rent received for each side of the duplex. Or, if you want to skip entering the Form 1099-MISC details, just enter the rent amount from your records under each side as 'cash' or other income.

The important thing is that all of the income reported on the Form 1099-MISC is reported on your return, allocated to each individual property.

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