SCHEDULE E
(Form 1040)
Department of the Treasury
Internal Revenue Service (99)
Supplemental Income and Loss
(From rental real estate, royalties, partnerships,
S corporations, estates, trusts, REMICs, etc.)
Attach to Form 1040, 1040NR, or Form 1041.
See separate instructions.
OMB No. 1545-0074
2011
Attachment
Sequence No.
13
Name(s) shown on return
Your social security number
A
Did you make any payments in 2011 that would require you to file Form(s) 1099? (see instructions)
Yes No
B
If “Yes,” did you or will you file all required Forms 1099?
Yes No
Part I
Income or Loss From Rental Real Estate and Royalties Note. If you are in the business of renting personal property, use
Schedule C or C-EZ (see instructions). If you are an individual, report farm rental income or loss from Form 4835 on page 2, line 40.
Caution. For each rental property listed on line 1, check the box in the last column only if you owned that property as a member of a
qualified joint venture (QJV) reporting income not subject to self-employment tax.
1 Physical address of each property–street, city, state, zip
Type–from list
below
A
B
C
2
For each rental real
estate property listed,
report the number of
days rented at fair rental
value and days with
personal use. See
instructions.
Fair Rental
Days
Personal
Use Days
QJV
A
B
C
Type of Property:
1 Single Family Residence
2 Multi-Family Residence
3 Vacation/Short-Term Rental
4 Commercial
5 Land
6 Royalties
7 Self-Rental
8 Other (describe)
Income:
Properties
A B
C
3a
Merchant card and third party payments. For 2011, enter -0-
3a
b Payments not reported to you on line 3a . . . . . 3b
4
Total not including amounts on line 3a that are not
income (see instructions) . . . . . . . . . .
4
Expenses:
5 Advertising . . . . . . . . . . . . . . 5
6 Auto and travel (see instructions) . . . . . . . 6
7 Cleaning and maintenance . . . . . . . . . 7
8 Commissions. . . . . . . . . . . . . . 8
9 Insurance . . . . . . . . . . . . . . . 9
10 Legal and other professional fees . . . . . . . 10
11 Management fees . . . . . . . . . . . . 11
12 Mortgage interest paid to banks, etc. (see instructions) 12
13 Other interest. . . . . . . . . . . . . . 13
14 Repairs. . . . . . . . . . . . . . . . 14
15 Supplies . . . . . . . . . . . . . . . 15
16 Taxes . . . . . . . . . . . . . . . . 16
17 Utilities . . . . . . . . . . . . . . . . 17
18
Depreciation expense or depletion . . . . . . .
18
19
Other (list)
19
20 Total expenses. Add lines 5 through 19 . . . . . 20
21 Subtract line 20 from line 4. If result is a (loss), see
instructions to find out if you must file Form 6198 .
21
22
Deductible rental real estate loss after limitation, if any,
on Form 8582 (see instructions) . . . . . . .
22
( ) ( ) ( )
23a Total of all amounts reported on line 3a for all rental properties . . . . 23a
b Total of all amounts reported on line 3a for all royalty properties . . . . 23b
c Total of all amounts reported on line 4 for all rental properties . . . . 23c
d Total of all amounts reported on line 4 for all royalty properties . . . . 23d
e Total of all amounts reported on line 12 for all properties . . . . . . 23e
f Total of all amounts reported on line 18 for all properties . . . . . . 23f
g Total of all amounts reported on line 20 for all properties . . . . . . 23g
24 Income. Add positive amounts shown on line 21. Do not include any losses . . . . . . . 24
25
Losses. Add royalty losses from line 21 and rental real estate losses from line 22. Enter total losses here
25
( )
26
Total rental real estate and royalty income or (loss). Combine lines 24 and 25. Enter the result here.
If Parts II, III, IV, and line 40 on page 2 do not apply to you, also enter this amount on Form 1040, line
17, or Form 1040NR, line 18. Otherwise, include this amount in the total on line 41 on page 2 . . . .
26
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 11344L
Schedule E (Form 1040) 2011
Schedule E (Form 1040) 2011
Attachment Sequence No. 13 Page 2
Name(s) shown on return. Do not enter name and social security number if shown on other side.
Your social security number
Caution. The IRS compares amounts reported on your tax return with amounts shown on Schedule(s) K-1.
Part II
Income or Loss From Partnerships and S Corporations Note. If you report a loss from an at-risk activity for which
any amount is not at risk, you must check the box in column (e) on line 28 and attach Form 6198. See instructions.
27
Are you reporting any loss not allowed in a prior year due to the at-risk or basis limitations, a prior year
unallowed loss from a passive activity (if that loss was not reported on Form 8582), or unreimbursed
partnership expenses? If you answered “Yes,” see instructions before completing this section.
Yes No
28
(a) Name
(b) Enter P for
partnership; S
for S corporation
(c) Check if
foreign
partnership
(d) Employer
identification
number
(e) Check if
any amount is
not at risk
A
B
C
D
Passive Income and Loss Nonpassive Income and Loss
(f) Passive loss allowed
(attach Form 8582 if required)
(g) Passive income
from Schedule K–1
(h) Nonpassive loss
from Schedule K–1
(i) Section 179 expense
deduction from Form 4562
(j) Nonpassive income
from Schedule K–1
A
B
C
D
29a Totals
b Totals
30 Add columns (g) and (j) of line 29a . . . . . . . . . . . . . . . . . . . . . 30
31 Add columns (f), (h), and (i) of line 29b . . . . . . . . . . . . . . . . . . . 31
( )
32
Total partnership and S corporation income or (loss). Combine lines 30 and 31. Enter the
result here and include in the total on line 41 below . . . . . . . . . . . . . . .
32
Part III Income or Loss From Estates and Trusts
33
(a) Name
(b) Employer
identification number
A
B
Passive Income and Loss Nonpassive Income and Loss
(c) Passive deduction or loss allowed
(attach Form 8582 if required)
(d) Passive income
from Schedule K–1
(e) Deduction or loss
from Schedule K–1
(f) Other income from
Schedule K–1
A
B
34a Totals
b Totals
35 Add columns (d) and (f) of line 34a . . . . . . . . . . . . . . . . . . . . . 35
36 Add columns (c) and (e) of line 34b . . . . . . . . . . . . . . . . . . . . 36
(
)
37
Total estate and trust income or (loss). Combine lines 35 and 36. Enter the result here and
include in the total on line 41 below . . . . . . . . . . . . . . . . . . . .
37
Part IV Income or Loss From Real Estate Mortgage Investment Conduits (REMICs)—Residual Holder
38
(a) Name
(b) Employer identification
number
(c) Excess inclusion from
Schedules Q, line 2c
(see instructions)
(d) Taxable income (net loss)
from Schedules Q, line 1b
(e) Income from
Schedules Q, line 3b
39 Combine columns (d) and (e) only. Enter the result here and include in the total on line 41 below 39
Part V Summary
40 Net farm rental income or (loss) from Form 4835. Also, complete line 42 below . . . . . . 40
41
Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Form 1040, line 17, or Form 1040NR, line 18
41
42
Reconciliation of farming and fishing income. Enter your gross
farming and fishing income reported on Form 4835, line 7; Schedule K-1
(Form 1065), box 14, code B; Schedule K-1 (Form 1120S), box 17, code
U; and Schedule K-1 (Form 1041), line 14, code F (see instructions) . .
42
43
Reconciliation for real estate professionals. If you were a real estate
professional (see instructions), enter the net income or (loss) you reported
anywhere on Form 1040 or Form 1040NR from all rental real estate activities
in which you materially participated under the passive activity loss rules . .
43
Schedule E (Form 1040) 2011
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