Schedule E

1243 Words Aug 9th, 2013 5 Pages
SCHEDULE E (Form 1040)
Department of the Treasury Internal Revenue Service (99) Name(s) shown on return

(From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.)
▶ Information

Supplemental Income and Loss

OMB No. 1545-0074

Attach to Form 1040, 1040NR, or Form 1041. about Schedule E and its separate instructions is at www.irs.gov/form1040.


Attachment Sequence No. 13 Your social security number

2012

KARL F AND JEANNE S WHEAT

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
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Part II
27

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.

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.
(a) Name (b) Enter P for partnership; S for S corporation (c) Check if foreign partnership (d) Employer identification number

Yes

No

28 A B C D

(e) Check if any amount is not at risk

Passive 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

Nonpassive Income and Loss
(i) Section 179 expense deduction from Form 4562 (j) Nonpassive income from Schedule K–1

A B C D 29a b 30 31 32

Totals Totals Add columns (g) and (j) of line 29a . . . . . . Add columns (f), (h), and (i) of line 29b . . . . Total partnership and S corporation income or result here and include in the total on line 41 below
(a) Name

. . . . . . . . . . . . (loss). Combine . . . . . .

. . . . . . . . . . . . lines 30 and 31. . . . . . .

. . . . Enter . .

. . the .

30 31 (
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