Skip to main content
Level 2
December 7, 2019
Solved

How do I mark the boxes on Schedule E requiring yes or no answers for filing Forms 1099-MISC?

  • December 7, 2019
  • 4 replies
  • 15 views

On input, I can use a 1, 2 or blank, which responds on Schedule E in Line A and B, either a "Yes" and "Yes", or a "Yes" and "No".  I want it to say "No" and "No".

This topic has been closed for replies.
Best answer by George4Tacks

There are only 3 possiblities:

The default of a blank gives a No, (no 2nd answer since the YES or NO only happens if you answer Yes to the first Question)

1 gives a Yes, No

2 Gives a Yes, Yes

THERE IS NO NO-NO combo that follows the logic of the actual first question on Schedule E.

Notice the wording of the input "IF REQUIRED TO FILE ....did your or will you file..." No entry means you are are not required to file.

4 replies

Level 15
December 7, 2019
Negative one?
George4Tacks
Level 15
December 7, 2019
Nice try!
Answers are easy. Questions are hard!
George4Tacks
Level 15
December 7, 2019

There are only 3 possiblities:

The default of a blank gives a No, (no 2nd answer since the YES or NO only happens if you answer Yes to the first Question)

1 gives a Yes, No

2 Gives a Yes, Yes

THERE IS NO NO-NO combo that follows the logic of the actual first question on Schedule E.

Notice the wording of the input "IF REQUIRED TO FILE ....did your or will you file..." No entry means you are are not required to file.

Answers are easy. Questions are hard!
Level 2
March 29, 2022

In Lacerte the option of 3=N/A actually answers Yes & Yes.  If blank is used, it actually answers Yes & Yes.

How do you get an NO answer to the first question?

Level 2
March 29, 2022

Solved....there are 2 rental properties on Schedule E.  One is required and has issued 1099s, and the other didn't have any 1099s to issue.  Schedule E will show a Yes & Yes.