Intuit Accountants Community
:
ProSeries Tax
:
ProSeries Tax Discussions
:
A DC T/P OWNS A CONDO. T/P CONVERTS CONDO TO RENTAL. IS T/P NOW SUBJECT TO UNINCORPORATED FRANCHISE TAX. RENT RC'D WAS 13,390 NET LOSS OF 9,255?
BUNNY51
Level 1
06-13-2020
12:25 PM
Mark as New
Bookmark
Subscribe
Permalink
Print
Report Inappropriate Content
Labels
ProSeries Professional
0
Cheers
sjrcpa
Level 15
06-13-2020
03:22 PM
Mark as New
Bookmark
Subscribe
Permalink
Print
Report Inappropriate Content
Yes. Gross is $12,000 or more which is the threshold.
Ex-AllStar
7
Cheers
