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How to fix net rental income entry generated?

mnssvc2
Level 1

I am preparing an S-corp business return, and it shows a net rental income on the shedule K but my client had no rental income for the year. How do I fix that entry?

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3 Comments 3
itonewbie
Level 15

The fix would be to correct the erroneous entry.

Did you check your input under Schedule K for rental activities or Passthrough K-1's?

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mnssvc2
Level 1

Yup there was an errorous entry. I have fixed it thank you so much 🙂

itonewbie
Level 15

NP, @mnssvc2.

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Still an AllStar
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