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    tom_57261's Avatar
    tom_57261 Posts: 1, Reputation: 1
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    #1

    Feb 7, 2009, 01:23 PM
    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...
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 12, 2009, 02:20 PM
    Yes, that's a perfectly acceptable way to claim the distribution.
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