Support CenterForm 1120C
According to the IRS instructions
Line 6. Gross Rents
Enter the gross amount received for the rental of property. Deduct expenses such as repairs, interest, taxes, and depreciation on the proper lines for deductions. A rental activity held by a closely held corporation or a personal service corporation may be subject to the passive activity loss rules.
Line 16. Rents
If the corporation rented or leased avehicle, enter the total annual rent or leaseexpense paid or incurred during the year.
Also, complete Part V of Form 4562. If thecorporation leased a vehicle for a term of30 days or more, the deduction for vehiclelease expense may have to be reduced byan amount includible in income called theinclusion amount.
Source:https://www.irs.gov/pub/irs-dft/i1120c--dft.pdf
Tags: federal,form