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-   -   I issued a 1099 Misc (https://www.askmehelpdesk.com/showthread.php?t=314348)

  • Feb 7, 2009, 01:23 PM
    tom_57261
    I issued a 1099 Misc
    I have just issued my brothers a 1099 Misc... It was for some Farm Rent Income that I paid out to 3 brothers... How do I report that on my tax return so I don't pay income on their share... I listed it on Form 4835 on line 30 a-g under Other Expense..

    My question will that be OK or will it be a red flag for IRS...
  • Feb 12, 2009, 02:20 PM
    AtlantaTaxExpert
    Yes, that's a perfectly acceptable way to claim the distribution.

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