税表咨询：SCHEDULE C 和 SCHEDULE E

正在填税表。主要是出租房业务。 但有很多开销没法算在某个出租房上， 比如HOME OFFICE，所以觉得应该填SCHEDULE C。问题是填了SCHEDULE E了， SCHEDULE C上的INCOME 是不是就不用填了？ 谢谢！

老郭

我有出租房业务， 我用Turbo Tax 算税。SCHEDULE C， SCHEDULE E， 已及所有的表格都自动把我填好了。

把住一个原则： 某个开支和某个收入只填一次，Turbo Tax 自动算。

Turbo tax 不贵的，买一个吧。

-我不是CPA！

我用h&r block premium. 好像没有这种自动填空的功能。 你把汽车的费用放在SCHEDULE C还是放在SCHEDULE E且分配到每栋房子上？

我也碰到类似问题。我用TAXACT，如果SCHEDULE C上的INCOME是0，下面根本无法填写HOME OFFICE的开销。

楼主应该用 Schedule E 来申报所有与租房有关的收入和费用。Home office 费用也应该放在 Schedule E 的 Office supplies or Depreciation or utilities or telephones.

LLC’s are indeed unique “tax animals”. A “Single-Member” (one owner) LLC is NOT required to file a separate Federal or State income tax return.The income and expenses of this type of LLC are instead reported to the IRS on a Schedule C (in the same manner as a Sole Proprietorship) that is attached to the taxpayer’s Form 1040.

Multiple-Member” LLC’s however have a number of other filing options available to them, some easy, some complicated.The interest income/capital gain income actually ends up flowing through to the individual owner(s) on a Form K-1( The LLC has to file Form 1065) Check with a “competent CPA” for guidance.

If you do real estate without going throung a buiness entity( S Corp. C corp or LLC etc.), report the income and expenses on Sche-E

汇报一下，最后是按4楼的建议，把几类开销分摊在每个出租房上，没有填SCHEDULE　C。　觉得有些地方还是比较牵强。只好按现有理解能力去做了。

It is ok to use sch-E but keep in mind you are not supposed to have any home office deduction.

Computer is fine if you have more than 2 rental property

转来供大家学习


Top Ten Tax Deductions for Landlords Learn about the many tax deductions available to rental property owners. Every year, millions of landlords pay more taxes on their rental income than they have to. Why? Because they fail to take advantage of all the tax deductions available for owners of rental property. Rental real estate provides more tax benefits than almost any other investment.

Often, these benefits make the difference between losing money and earning a profit on a rental property. Here are the top ten tax deductions for owners of small residential rental property.

1. Interest  Interest is often a landlord's single biggest deductible expense. Common examples of interest that landlords can deduct include mortgage interest payments on loans used to acquire or improve rental property and interest on credit cards for goods or services used in a rental activity.

2. Depreciation  The actual cost of a house, apartment building, or other rental property is not fully deductible in the year in which you pay for it. Instead, landlords get back the cost of real estate through depreciation. This involves deducting a portion of the cost of the property over several years.

3. Repairs  The cost of repairs to rental property (provided the repairs are ordinary, necessary, and reasonable in amount) are fully deductible in the year in which they are incurred. Good examples of deductible repairs include repainting, fixing gutters or floors, fixing leaks, plastering, and replacing broken windows.

4. Local Travel  Landlords are entitled to a tax deduction whenever they drive anywhere for their rental activity. For example, when you drive to your rental building to deal with a tenant complaint or go to the hardware store to purchase a part for a repair, you can deduct your travel expenses.

If you drive a car, SUV, van, pickup, or panel truck for your rental activity (as most landlords do), you have two options for deducting your vehicle expenses. You can:

deduct your actual expenses (gasoline, upkeep, repairs), oruse the standard mileage rate (51 cents per mile for 2011; up from 50 cents per mile in 2010). To qualify for the standard mileage rate, you must use the standard mileage method the first year you use a car for your business activity. Moreover, you can't use the standard mileage rate if you have claimed accelerated depreciation deductions in prior years, or have taken a Section 179 deduction for the vehicle.5. Long Distance TravelIf you travel overnight for your rental activity, you can deduct your airfare, hotel bills, meals, and other expenses. If you plan your trip carefully, you can even mix landlord business with pleasure and still take a deduction.

However, IRS auditors closely scrutinize deductions for overnight travel -- and many taxpayers get caught claiming these deductions without proper records to back them up. To stay within the law (and avoid unwanted attention from the IRS), you need to properly document your long distance travel expenses.

6. Home Office  Provided they meet certain minimal requirements, landlords may deduct their home office expenses from their taxable income. This deduction applies not only to space devoted to office work, but also to a workshop or any other home workspace you use for your rental business. This is true whether you own your home or apartment or are a renter.

For the ins and outs on taking the home office deduction, see Home Business Tax Deductions or Every Landlord's Tax Deduction Guide, both by Stephen Fishman (Nolo).

7. Employees and Independent ContractorsWhenever you hire anyone to perform services for your rental activity, you can deduct their wages as a rental business expense. This is so whether the worker is an employee (for example, a resident manager) or an independent contractor (for example, a repair person).

8. Casualty and Theft LossesIf your rental property is damaged or destroyed from a sudden event like a fire or flood, you may be able to obtain a tax deduction for all or part of your loss. These types of losses are called casualty losses. You usually won't be able to deduct the entire cost of property damaged or destroyed by a casualty. How much you may deduct depends on how much of your property was destroyed and whether the loss was covered by insurance.

9. Insurance   You can deduct the premiums you pay for almost any insurance for your rental activity. This includes fire, theft, and flood insurance for rental property, as well as landlord liability insurance. And if you have employees, you can deduct the cost of their health and workers' compensation insurance.

10. Legal and Professional Services  Finally, you can deduct fees that you pay to attorneys, accountants, property management companies, real estate investment advisors, and other professionals. You can deduct these fees as operating expenses as long as the fees are paid for work related to your rental activity.

Did You Know?Did you know that:

Landlords can greatly increase the depreciation deductions they receive the first few years they own rental property by using segmented depreciation.Careful planning can permit you to deduct, in a single year, the cost of improvements to rental property that you would otherwise have to deduct over 27.5 years.You can rent out a vacation home tax-free, in some cases.Most small landlords can deduct up to $25,000 in rental property losses each year.A special tax rule permits some landlords to deduct 100% of their rental property losses every year, no matter how much.People who rent property to their family or friends can lose virtually all of their tax deductions.If you didn't know one or more of these facts, you could be paying far more tax than you need to. For more information, see Every Landlord's Tax Deduction Guide, by Stephen Fishman (Nolo).

引用第8楼游客于2011-04-18 19:59发表的 :
It is ok to use sch-E but keep in mind you are not supposed to have any home office deduction.

Computer is fine if you have more than 2 rental property