Question

Supplemental Rental Income should have been schedule-C (part of my real estate business) but was not included there. Can someone fix my turbo tax file to amend my returns to combine supplemental and sched C for 2019 and 2020? I am willing to pay!

Forum|Forum|5 years ago
February 26, 2021
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Supplemental Rental Income should have been schedule-C (part of my real estate business) but was not included there. Can someone fix my turbo tax file to amend my returns to combine supplemental schedule (only has rental income/expense) and sched C (which is only my real estate business) for 2019 and 2020? I am willing to pay! Need this done ASAP to better support my application for PPP. By March 7th to be exact. Must re-file amended returns by March 7th!

Do not understand why Turbo Tax never asked me some questions to determine which way to do these two classes of business.

TurboTax Home & Biz Windows

ColeenD3

In order for real estate rental income to qualify for Schedule C, there must have been a service involved. This could include meals such as a bed and breakfast or services such as laundry in a hotel. Otherwise, it is Schedule E income and expenses. If you were to qualify for Schedule C, everything, income and expenses would be included on the same form.