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info26
New Member

Filing a 1120S. Do I need to fill out form 8825 if I had no rental property? Can I just enter $0 under Schedule K, line 2?

 
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MinhT
Expert Alumni

Filing a 1120S. Do I need to fill out form 8825 if I had no rental property? Can I just enter $0 under Schedule K, line 2?

Form 8825 is for reporting rental income and expenses.

If the S-corp has no rental property, there is no need to fill form 8825.

You can leave box 2 (net rental real estate income/loss) of the Schedule K-1 blank.

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MinhT
Expert Alumni

Filing a 1120S. Do I need to fill out form 8825 if I had no rental property? Can I just enter $0 under Schedule K, line 2?

Form 8825 is for reporting rental income and expenses.

If the S-corp has no rental property, there is no need to fill form 8825.

You can leave box 2 (net rental real estate income/loss) of the Schedule K-1 blank.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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