I rent a yoga studio then charge the teachers rent to use the studio. Do I report expenses on Schedule C? Where do I report income for that?

jonisue48 · ‎June 6, 2019

PaulaM · ‎June 6, 2019

Yes, report the income and expenses for studio on schedule C for your business. The profit/loss calculated will then move to schedule SE and your 1040.

To get started setting up your business form, select the Business Tab.

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View solution in original post

PaulaM · ‎June 6, 2019

Yes, report the income and expenses for studio on schedule C for your business. The profit/loss calculated will then move to schedule SE and your 1040.

To get started setting up your business form, select the Business Tab.

**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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I rent a yoga studio then charge the teachers rent to use the studio. Do I report expenses on Schedule C? Where do I report income for that?