how to split 1099-k from Zillow for multiple properties

Forum|Forum|1 year ago
February 2, 2025
1 reply
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hi all

I received a 1099-k from zillow.com and it including three of my rental property income? how I should report it to my tax return?

thanks!

TurboTax Home & Biz Windows

JamesG1

Each of your rental properties will be reported as a separate rental activity under Business Income and Expenses and Rental Properties and Royalties in TurboTax Desktop Home & Business.

At the screen Rental and Royalty Summary, click to the right of each Rental Property to access the rental property.
Then click to the right of Rental Income.
Report the appropriate amount of rental income for that rental activity by clicking to the right of Rental Income reported to you on Form 1099-K.
Report the income for all three rental properties.

Make note in your tax records of how the IRS form 1099-K rental income was reported, should a tax authority have a question about the income at a later time.

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jimliu5360Author

Thank for your responds my question and basically I will not report the 1099-k instead of report the rental income on each individual properties.

I have another question relate to the 1099-k

I used my business bank account to received the rents from zillow.com and they sent me 1099-k with business EIN on the form. I am intend to use my ss not my EIN to report the rental income. is there anyway that I can report 1099-k to my scheduled E?