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Rut 25 2010

Rut 25 Illinois 2010-2025 Form

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we'll be going over IRS form 8825 rental real estate income and expenses of a partnership or an S corporation so if you handle uh real estate rentals for a living you might be familiar with reporting your income and expenses on Schedule E of your individual income tax return that's the supplemental income form that reports things such as rental real estate uh distributions for Partnerships uh so on and so forth uh so that that is on the individual income tax return side if you are a partner in a partnership or if you are an S corporation shareholder then you would need to complete a different form IRS form 8825 uh so you go through very similar calculations as you would on Schedule E and we'll go over that in a moment uh however this is the form that you would complete and then uh the results of this form feed into your uh uh into either your uh form 1065 or your form 1120s depending on the specific business entity that you're uh that you're a pa

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IL RUT-25-X 2022
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