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hi this is John with PDF Tex this is Schedule II which is the form that you would use if for example you had a rental house and that's what we're going to look at today to see how that form works if you had a rental house so we're going to say that we have a taxpayer here Sam Smith and will enter his social and we're going to say that Sam purchased a rental house in June of 2017 and he collected $2,000 per month from June to December so he collected a total of twelve thousand dollars rent on his rental house we'll put that right there but we need to answer these questions here did he have payments which would require 1099 we'll say well say no he didn't but we need to we can also need to add a address here so we'll just make up some a dress like that whoops I guess we need a city - huh there we go and now we need to enter this information the type of property from the list below the list is right here and this is a single-family residence so we'll enter a one right here for type of pro

FAQ

  • The IRS sent me a form 1065, but I am a sole proprietor. Do I ignore this form and fill out a schedule C?

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