Clicking "Other Passive Exceptions" on Sch E

[tccpg289]

Can someone provide detail on what clicking this box actually does? It seems to increase income somehow - does it make the income subject to investment tax?

[TaxGuyBill]

Print out the tax return before checking the box. 

Print out the tax return after checking the box.

What changes?  What is resulting in higher tax?  I first guess it affected some tax credits, but maybe it could affect something else.

[Just-Lisa-Now-]

Did you try clicking the yellow question mark on the toolbar when your cursor is in the box? Sometimes theyve got good tidbits of info in there about a particular line or box.

[sjrcpa]

The description implies it meets some sort of exception so it is not passive income.