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Level 2
February 27, 2022
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Why is the Depreciation expense not showing under Ordinary income?

  • February 27, 2022
  • 1 reply
  • 6 views
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Best answer by George4Tacks

In the Quick Entry look at the 2nd item for Form be sure it is a 1

1 reply

George4Tacks
Level 15
February 27, 2022

In the Quick Entry look at the 2nd item for Form be sure it is a 1

Answers are easy. Questions are hard!
Level 2
February 28, 2022

Got it, so there is no need for form 8825 if the main activity of the business is rental real estate?