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Investors & landlords
Thank you for your reply! I understand the tax benefit is greater for me when I use a schedule E. I also note my employee wages when it's asked while completing Schedule E in Turbo Tax. I would prefer to forfeit my ability to do meal write offs if I had to switch to a Schedule C. Is it okay for me to continue to use Schedule E with employees and just not take the meal expense benefit?
‎February 6, 2024
6:06 PM