Just-Lisa-Now-
Level 15
Level 15

The 1099MISC was prepared incorrectly if this is how they reported rents.

There is no way to auto link a 1099MISC with income in Box 7 to a rental Sch E. 

Ideally youd get the payer to issue a corrected one...but that's usually easier said than done.

Personally, I'd put the income on Sch C, then back it out as an expense and put it on Sch E where it belongs, that way you avoid the CP2000 looking for the NEC income in a few years.


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