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June 3, 2019
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My 1099-MISC from property management company covers multiple properties. What should I do when entering 1099-MISC for each property? Should I split box 1 numbers?

  • June 3, 2019
  • 1 reply
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Best answer by Phillip1

Yes.

The IRS computer matching will be cleared as long at the sum of all your gross rent is equal to or greater than the amount on box 1 of Form 1099-MISC.

1 reply

Phillip1Answer
Employee
June 3, 2019

Yes.

The IRS computer matching will be cleared as long at the sum of all your gross rent is equal to or greater than the amount on box 1 of Form 1099-MISC.