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Form 8825 Houston Texas: What You Should Know
Form 8825 has the pay basis on it. On the line for the pay basis, the pay basis is reported as 0. I need to fill out the form to have it updated to an amount to show that I know that I was paid less for that time than the rate reported on the form. The 0.00 is in reference to what tax I have to pay. Thank-you. — Partnerships and S corporations use Form 8825 to report income and deductible expenses from rental real estate activities, including net income.
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