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Investors & landlords
Assuming you reported the original income on a schedule E, which is where you normally report rental income, you should report it as rental income in TurboTax so that it shows on a schedule E. You would only report it on a schedule C if you were considered a dealer in real estate. If you did that when you orginally reported the rental income, then you should report it as such in the current tax year.
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‎April 3, 2023
12:58 PM