Log in

View Full Version : Form 1120


guscusi
Sep 15, 2010, 03:18 PM
In Corp. 1120 Inc Tax Form, Line 16 "Rents" seems to be for includeing Rent of a car or other capital assets, but should I also include in that box the rental I pay for my office & warehouse space? Or should the office space rents paid be included in any other line?

Thank you.

wnhough
Sep 16, 2010, 05:43 AM
QUOTE," but should I also include in that box the rental I pay for my office & warehouse space? "---Yes;on line 16, form 1120, you report not only your rent for office facilities or warehouse lease expense(s) but expenses for leasing cars and other vehicles.