Renting property in us which form to fill
Renting property in us which form to fill
MY FRIEND IS RENTING OUT HIS HOUSE AND COMING TO INDIA.which form can he use to file the taxes.. any information would be appreciated. he said something about schedule e or c..
Renting property in us which form to fill
He has to file US tax return and include Schedule E "Supplemental Income and Loss " to report income/loss from rental property. He might also have to include form 8582. If he wants to claim depreciation he has to include form 4562.