Form 8825 the correct one for STR income?

[Julie Groth]

I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a different place on the tax return. If this is not correct, could someone tell me where on tax return should the income appear?

Thanks!

[Basit Siddiqi]

@Julie Groth

Form 8825 is the equivalent of schedule E. Schedule 8825 is used by partnerships and S-corps. Schedule E is used by individuals.

With that said - Form 8825 may or may not be correct depending on the extent of the services you provide to your guests.

If you are using form 8825 - then there was likely no purpose of the S-corp setup.