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tax math question
I need to figure out how to calculate the net income of a single person's rental property. It needs to be from the IRS Method and Tax Court Method, with a rental ratio, allocated to personal and deductible for schedule e. Is there a math formula or solution example step by step to follow?
1 Answer
Colleen
Contact the IRS. They have the tax form with the instruction book on how you are suppose to calculate all that. http://www.irs.gov/uac/Telephone-Assistance
| 11 years ago. Rating: 0 | |
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