kutiepi89
New Member

SC return, about losses. Do I place the amount from my Fed Sch E there? Where it shows income-expenses? or do I place 0 and place my 1099 info in the next section?

After the section about losses, there is a section where you place out of state income or gain. When I placed the amount of the income on the 1099 I received from my rental income, my return almost doubled, this didn't seem right. Do I use the 1099 income in that section? or the negative amount from the Federal Schedule E showing the difference between the income made from rents, and the expenses involved with the property.