Hi Palms
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@DaveF1006wrote:If you change the software to "Single Family Residence," it will simply put a "1" on that line instead of a "3."Problem is that's all it does
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In Forms view, scroll down on your schedule e worksheet to expenses. Expenses attributable to the rental periods are fully deductible, which includes expenses l...
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@CatinaT1wrote:You will enter the amount from 11B on one of the lines 29-37 of the Miscellaneous Itemized Deductions Worksheet depending on the type of expense....
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@PatriciaVwrote:According to the IRS Instructions for Schedule K-1 (Form 1041) Box 11, amounts reported on Form 1041 Schedule K-1 Box 11 Code B (non-miscellaneo...
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Up to you but I wouldn't change it.....just continue on with the sole propretorship on Schedule C as you have been reporting for the LLC, which is the same.
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