Active participation and Material participation are two separate checkboxes in Schedule E Worksheet. They determine whether rental income/loss can be included in active income/loss.
Through the step-by-step process, there is only one page with a few questions to 'confirm Your Professional Status' for all properties at the beginning. This seems to be for active participation.
Is there a way to set material participation in the Step-by-Step process/UI? Or we have to edit Schedule E Worksheet directly to set Material Participation?
Thanks.
