I have one residential rental property. I gave management company my EIN number, instead of my social security number. Do I file Schedule E or C?
I am concerned about using schedule E, because it does not list my EIN number, which is listed on my 1099-misc from the property management company. Using schedule C allows me to enter the EIN, however, the income loss may be limited.
I have one residential rental property. I gave management company my EIN number, instead of my social security number. Do I file Schedule E or C?
Schedule E. Remember that
your social security is tied with your EIN, therefore, you should enter your EIN where you are
asked for social security on the Schedule E.
Just as with a Schedule C, the EIN will be associated with you and your
return, however, a Schedule E is specific for residential rental property and
the Schedule C is not, Turbo
Tax Tip on Schedule E. See IRS Single
Member LLC Businesses for more information on using your social security
and EIN. A snippet from the article is
attached to this post.