close
    1. Home
      2. ›
    2. Business & Finance
      3. ›
    3. Taxes
      4. ›
    4. Australia
      5. ›
    5. tax math question
    tax math question

    I need to figure out how to calculate the net income of a single person's rental property. It needs to be from the IRS Method and Tax Court Method, with a rental ratio, allocated to personal and deductible for schedule e. Is there a math formula or solution example step by step to follow?

    Answer this
    0  Views: 1862 Answers: 1 Posted: 11 years ago
    Comment this question

      1 Answer

      Contact the IRS. They have the tax form with the instruction book on how you are suppose to calculate all that. http://www.irs.gov/uac/Telephone-Assistance 



      11 years ago. Rating: 0
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Australia category

         
        pythonlover
        Answers: 3 / Questions: 0
        Karma: 90
         
        bulletman
        Answers: 1 / Questions: 0
        Karma: 75
         
        Clonge
        Answers: 0 / Questions: 0
        Karma: 45
         
        Colleen
        Answers: 3 / Questions: 0
        Karma: 30
        > Top contributors chart
        488007
        questions
        724558
        answers
        819781
        users