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k-1

Lish
Level 1

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

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2 Comments 2
George4Tacks
Level 15

What does the K-1 say it is?


Answers are easy. Questions are hard!
sjrcpa
Level 15

K-1 income gets reported on 1040 Schedule E page 2.

The more I know, the more I don't know.