Question

One W-2 for two rental properties

Forum|Forum|4 years ago
March 3, 2022
2 replies
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My property manager sent me a single W-2 combining the income from two rental properties. When I input the information for each property, should I split the income and pretend that I got a W-2 for each property?

Or is there some other way?

C

Cynthiad66

Yes. You apply the applicable income to each property. Just so the total adds up to the amount on the document received.

You could require they send you separate documents but that would require them issuing Corrected documents to you and to the IRS. This is simpler and the numbers will reconcile.

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