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Investors & landlords
@Carl wrote:
If you did enter this on SCH E, the depreciation and other expenses would get your taxable rental income to zero anyway, with no excess losses allowed or carried over.....
As @Mike9241 wrote in his post: "No Schedule E"; income is entered as miscellaneous income and deductions are entered on Schedule A.
Thus, if this were entered on Schedule E, it needs to be deleted and re-entered properly.
March 18, 2022
1:39 PM
1,172 Views