Lish
Level 1
10-08-2021
02:00 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
if a client has a k-1 issued to a disregarded entity and it is all rental income, is that a schedule e or schedule c
Labels
George4Tacks
Level 15
10-08-2021
02:01 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
What does the K-1 say it is?
Answers are easy. Questions are hard!
sjrcpa
Level 15
10-08-2021
03:02 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
K-1 income gets reported on 1040 Schedule E page 2.
The more I know the more I don’t know.