2012 Income Tax FAQ - 193

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I have entered an ownership percent on one of the previous rental pages. Do I enter the full income or the reduced amounts?

You should enter the full income. Based on the ownership information that you provide, our program will calculate a business ownership percent and apply it to your income.

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After you finish your federal tax return, your information will accurately and automatically transfer into your state return. Just answer a few state specific questions, and you're done.

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