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June 3, 2021
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How do I report amount of rental income that was paid by government for my tenant?

  • June 3, 2021
  • 3 replies
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A part of my rental income last year was paid by a government assistant program for my tenant.  I have included this in my total rental income,  Can I skip this 1099 MISC form?
Best answer by Hal_Al

Q. Can I skip this 1099 MISC form?

A. Simple answer: yes, since you already included the amount in your total rent received. 

 

In the rental income section, TurboTax (TT) gives you the option of entering  rental income on a 1099-Misc separately from other rental income, but there is no IRS requirement to enter it that way.  The IRS will only match their copy of the 1099-Misc to the total amount of rental income you report on line 3 of Schedule E.

3 replies

Hal_Al
Hal_AlAnswer
Employee
June 3, 2021

Q. Can I skip this 1099 MISC form?

A. Simple answer: yes, since you already included the amount in your total rent received. 

 

In the rental income section, TurboTax (TT) gives you the option of entering  rental income on a 1099-Misc separately from other rental income, but there is no IRS requirement to enter it that way.  The IRS will only match their copy of the 1099-Misc to the total amount of rental income you report on line 3 of Schedule E.

MiguomaoAuthor
June 7, 2021

Thanks:  That is perfect!

April 1, 2022

May I ask if you received any 1099 form? I also received $3000 from the CA rental assistance program but never received any form ti file tax. I called the CA franchise board, they told me no need to report but they are not sure about Fed. I don’t think they are correct but I am stuck on how to report this $3000 since I don’t have any 1099. Can someone please clarify if this income is needed to report for both Fed. and CA, which I believe so? 

do I just include this $3000 into my other rental income like what you did , disregard waiting for the form to come? Thanks so much for helping everyone. 

Hal_Al
Employee
April 1, 2022

@Bestvalue888  This is not live chat.

You're tagging on to an existing thread that  is not California specific .  I agree it's unlikely that income is exempt from CA income tax, but don't know for sure. 

 

Yes, you just include this $3000 into your other rental income like what the other guy did , disregard waiting for a form to come.  

April 1, 2022

Oh great thanks for responding. I called everyone and doesn’t seem they know what is going on and how to report. Thanks so much!

April 1, 2022

Hello