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The account lumped 2 home rentals together for my 1099 misc. How do I deal with this? Can I ignore the 1099Misc and just enter the income from my rentals?

Forum|Forum|3 years ago
March 4, 2023
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Best answer by AnnetteB6

Yes, you can skip entering the 1099-MISC altogether if you choose. Instead, just divide the rent income among the properties and enter the amount as 'cash' for each one.

Or, it is OK to enter the 1099-MISC under each property with only that property's income shown as rent as long as the total rent reported among both of your properties is equal to what is reported on the Form 1099-MISC.

A

AnnetteB6Answer

Yes, you can skip entering the 1099-MISC altogether if you choose. Instead, just divide the rent income among the properties and enter the amount as 'cash' for each one.

Or, it is OK to enter the 1099-MISC under each property with only that property's income shown as rent as long as the total rent reported among both of your properties is equal to what is reported on the Form 1099-MISC.

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