form 8990 on form 1065

Home Fairmark Forum Other Tax Topics form 8990 on form 1065

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #2457
    plasticfish99
    Participant

    I do a 1065 partnership return where we have some residential rental properties on form 8825. im a small business taxpayer so would I have to file form 8990? is so, it sure looks complicated and is above my head. im currently showing a loss on my rental properties. im a little confused on question 24 on the schedule B of form 1065. if u answer no, u have to file form 8990 and if u answer yes, u don’t have to file form 8990. is anyone familiar with this new law? thanks a lot

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.