Schedule C Vs. Schedule E for Rental Income?

Answer Schedule C and Schedule E are both tax forms used for reporting rental income. They differentiate in the types of rental income included on each form.

Top Q&A For: Schedule C Vs. Schedule E for Rental Income

What Is Schedule E Income?

Schedule E is an attachment to a 1040 tax form for taxpayers who have supplemental income or loss in areas that are not easily reported on other schedules, such as a schedule C for the self-employe... Read More »

Can I file a Schedule C with only W-2 income?

Schedule C is used by businesses to report their profits or losses, the IRS says, and may not be used by taxpayers who have only W2 income. If a taxpayer has work-related expenses that are not reim... Read More »

Can You Deduct Schedule C Income if in a 401(k) Also?

Schedule C income is irrelevant to a 401(k). A 401(k) is an employer-sponsored retirement plan. Employees can have their employer contribute a portion of their cash wages to the company 401(k) plan... Read More »

Is Schedule 80 PVC stronger or weaker than Schedule 40 PVC?

Schedule 80 PVC pipe is stronger than Schedule 40 PVC pipe because it has a thicker wall. For example, a 2-inch Schedule 80 PVC pipe has a minimum wall thickness of .284 inches, whereas a schedule... Read More »