Screen MOSLE - St. Louis Profits Return Rent and Royalty (1040)

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Overview

Use this screen to complete Form E-234. Amounts transfer from the federal Rent screen. If any St. Louis data is different from the federal data, delete or update the city data.

General Information

Business name
If there's no name in this field, the taxpayer or spouse name is used as the business name on Form E-234. You can enter a different business name as needed.
Ownership percentage, if not 100 (xxx.xx)
The ownership percentage automatically transfers from the federal Rent screen. If it's not 100 percent, each entry for income or expense is multiplied by the percentage you enter, and transfers to Form E-234.
Business address (If different from home address) / City, state, zip code
If you don't enter a business address in this field, the home address is used as the business address on Form E-234.
Inactive for (Exclude from calculation)
Enter
X
to suppress Form E-234 from printing if this activity is inactive for the current year.

Expenses

You need to enter expenses with a business use percentage to apply the business use percentage. Amounts entered on the face fields will be used at 100 percent for Form E-234.

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