loricpa100
Level 4
09-12-2024
02:36 PM
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How do I make the ordinary business income nonpassive while maintaining passive for line 2 rental income? Seems the K1 input I get all or nothing. Both line 1 and 2 are passive (default). I can check non passive and then the rental goes with the business income to the non passive line. If I put in 500 hours, nope. I have the business income also on line 14, yet that is not triggering it. Of course, the business has a non passive loss, which is why really need it to offset other items within the return.
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