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New Member
posted Apr 14, 2024 5:58:24 PM

My PA state tax return is saying that I entered rental return in my federal return. I have not done anything like that. How do I remove an entry under "Rents, Royalties"

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1 Replies
Expert Alumni
Apr 16, 2024 9:16:04 AM

Did you receive a Schedule K1?

 

Taxpayers use Schedule E (Form 1040) to report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in real estate mortgage investment conduits (REMICs).