Where do I enter 1099-NEC for Rental Property

Forum|Forum|2 years ago
October 3, 2023
1 reply
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I paid rental property expenses and issued 1099-NECs.

I read the post below and see were to select that I issued 1099-NECs. Where do I enter the details of the 1099 form? I only see how to enter expenses as dollar amounts by category- not how to specify all of the information on the form.

Thanks

https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/where-in-turbotax-is-1099-nec-reported/00/2261945

Federal -> Wages and Income -> Rental Properties -> edit a property -> Property Profile -> click continue to 7th screen.

TurboTax Home & Biz Windows

Critter-3

You don't enter the 1099 details anywhere on a Sch E ... you only enter the amount paid for the expenses you incurred.

gbornAuthor

Thanks, @Critter-3.

if I’m not providing the details of the 1099-NEC, then why does TurboTax ask if I issued any? Does the IRS need to know what expenses were from 1099s vs those that were not?

Critter-3

The program is interview based ... the questions asked lead to other questions like a tree and it's branches. If you said you did not file them and you do need to file them then the option/instructions to file them would be presented to you.