Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

received a k1 line 2 net rental restate income amount - how do I indicate this is a NON passive income

jbdaigle1102
Level 3

received a k1 line 2 net rental restate income amount - how do I indicate this is a NON passive income

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
dkh
Level 15

On Line 2 of K1 Worksheet in Form 1040 there check box options for active participation, material participation, etc 

jbdaigle1102
Level 3

none of these check boxes take the income into a non passive income on schedule e page 2

 

0 Cheers
jbdaigle1102
Level 3

all of these boxes still cause the income to stay in passive income on page 2 of the schedule e

 

0 Cheers