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February 3, 2023
Question

Business like Adult Family Home, what documents is applicable? Schedule C or Schedule E. ?

  • February 3, 2023
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1 reply

February 3, 2023

If you are operating the Adult Family Home yourself as a business, then you would report it on Schedule C.

 

If you are renting a property to someone else, who is using it as an Adult Family Home, then you would report it on Schedule E.

 

See this article for more information from TurboTax on rentals.

 

See here for more information from IRS on this topic.

 

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