Skip to main content
Level 1
April 17, 2022
Question

How do I link commercial rentals to a second rental real estate enterprise on 1040?

  • April 17, 2022
  • 1 reply
  • 4 views

I have multiple residential properties that are linked to Enterprise #1, when I select Enterprise #2(commercial properties) it does not hold and it tries to link them to #1. There is no second RREE statement showing. This was not an issue for 2020. Can't seem to find my error. A helping hand would be greatly appreciated.

This topic has been closed for replies.

1 reply

itonewbie
Level 15
April 17, 2022

See https://proconnect.intuit.com/community/business-tax-credits-and-deductions/help/how-to-enter-and-calculate-the-qualified-business-income/00/5035 and refer specifically to the instructions under Generating Form 8995 from Schedule E Rental and Royalty Income in the Individual module.

This has been tried and tested.  If you still run into problems, please come back with more information so that someone may take a closer look.

---------------------------------------------------------------------------------Still an AllStar