Level 3
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Business & farm

My remodeling business (s-corp) has a rental duplex.  The gross rental income is less that 5% of total revenue.  Is the depreciable basis allowed for UBIA reporting?  If so, how do I add the amount to what is already entered by TTax?.  TTax (business) doesn't include the rental in its calculation.  In fact, I can't figure out where the provided entry comes from.

 

Thanks,

Dave

Level 20
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Business & farm

The 8825 screen is used to enter income and expenses from rental real estate... try entering 8825 in the search box.