On the “Enter Any Other Rental Income” section of “Business Income and Expenses” it states that I should include any “Security deposits that you kept” in my income… Does this mean that I should include the security deposit that was transferred to me from the property management company I fired mid-year for the tenants that were renting my property for the remaining 6 months of the year? They have not yet moved out and I do not know if I will use any of the security deposit for damages or return it all to them. It does not seem to me that I have “kept” or am “keeping” this money, but rather, that it is being held in reserve. Any clarification would be appreciated. I can’t be the first person to ask this question, and the wording is the program is so vague...
