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New Member
posted Jun 3, 2019 1:24:58 PM

Is income I report on Fed Schedule E considered business income in Ohio ? Should I file Ohio schedule IT BUS?

I rent out a house year round. Not sure if this is business income.

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1 Replies
New Member
Jun 3, 2019 1:24:59 PM

This schedule and instructions apply to all individual taxpayers
who have business income. This schedule is used for recording all
business income that is reported on IRS schedules B, C, D, E and
F as well as any other items of business income and gain separately
stated on the federal Schedule K-1, on the federal 4797, and
miscellaneous federal income tax adjustments, if any