Half my rental income comes from the government, and half from the tenant. Becuase it is a section 8 tenant.
The government sent me a 1099-Misc. Instead of entering this in the 1099-Misc section on turbotax, I would like to enter this in my rental income section, so I can deduct various rental expenses against this. Is this correct?
Yes, you will include the income on Form 1099-MISC as rental income.
Under Income & Expenses select income from Form 1099-MISC and select start.
Follow the screen prompts to enter your Form 1099-MISC data.
After you enter the Form 1099-MISC TurboTax will ask you for the source of the income select rental income from the rental of real estate.
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