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1099 error; box 7 for renting farm land

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    1099 error; box 7 for renting farm land

    My client rented his farm land and got a 1099-misc w/ $9,100 in box #7 instead of box #2. How should I handle this? I'm considering putting it on schedule C and then netting it out with an explanation on the other expense line. I'll then put the $9,100 on Schedule E. This way I'll be able to e-file his returns before 10/15 and we can track down the 1099 preparer and try to get them to send in a corrected 1099. Will this work? TIA.

    #2
    Yes, this will work. You "probably" will not be able to get the payer to correct the 1099 for 2012. Maybe they will do it correctly for 2013.

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