JamesG1
Employee Tax Expert

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Is there a entry on line 13a of the IRS form 1040?  If the Qualified Business Income Deduction is $0, does the property report a net income?

 

Does the tax return contain an IRS form 8995 or IRS form 8995-A?  If the tax return does contain this form, is the rental property income listed under line 1?

 

What income or loss is reported?  Please clarify.

 

@maggy7 

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