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Berlarker
February 16, 2020
Question

My property manager sends a combined 1099-misc for two rental properties. How do I split it on my schedule E

  • February 16, 2020
  • 1 reply
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    1 reply

    ColeenD3
    ColeenD3
    February 16, 2020

    It is okay just to divide the amounts and enter them on the appropriate Schedule E.

     

    You have to allocate the total income from the 1099Misc to the two properties and then go in and enter this as income for each of the properties. Make sure you don't exceed what is on the 1099Misc. 

     

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