Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Entering lease (not rent) into 1065

Babak
Level 3

My client (partnership) leased an office and pays a monthly amount. All I could find was a place to enter rents paid. Where can I enter Lease payment in 1065?

0 Cheers
1 Solution

Accepted Solutions
BobKamman
Level 15

Different words but same thing.  Sort of like aubergines and eggplant.  

View solution in original post

3 Comments 3
BobKamman
Level 15

Different words but same thing.  Sort of like aubergines and eggplant.  

PATAX
Level 15

Rent is an English word. Lease is a French word for same thing.😉

BobKamman
Level 15

lease
Origin
late Middle English: from Old French lais, leis, from lesser, laissier ‘let, leave’, from Latin laxare ‘make loose’, from laxus ‘loose, lax’.

rent
Origin
From Middle English rent, rente, from Old French rente, from Early Medieval Latin rendita, from Late Latin rendere, from Latin reddere.