I have a rental property and I will receive a 1099 form for earned income on this rent of $8,000 per year what would my portion of taxes I would need to pay at the end of the year be on this?

All rental income must be reported on your tax return, and in general the associated expenses can be deducted from your rental income.you need to repot the income on sch e of 1040; as a rental pty owner, you are not subject to self employment tax; then your net rental income is transferred from sch E to 1040 line 17 and is taxed at your marginal tax rate;on the contrary, your rental property can generate ?taxable losses? that can be used to reduce your normal salary income, hence the federal income taxes you pay