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bcmajor1959
March 12, 2025
Question

I have a part time equipment rental S Corp, where do I show my income

  • March 12, 2025
  • 1 reply
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1 reply

T
ThomasM125
March 12, 2025

Since you are dealing with short-term rentals, you report the rental receipts as sales on line 1 of your Form 1120-S, page one. You don't use the rental Schedule 8825 as you would if you had long-term rentals like real estate rentals.

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