qbteachmt
Level 15
10-15-2020
05:27 PM
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"How does the interest, real estate taxes get to the taxpayers return?"
Well, it seems your taxpayer, an employee of the corporation, has Taxable Fringe Benefit for the Fair Market Value of the employer-provided housing, which is supposed to run through Payroll. Then, it is part of the taxpayer's 1040, because it is part of the W2.
Isn't that what you are asking?
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.