Tax Guide

 Search  2024 Tax Guide  Tax Tools
 Tax Calendar  Tax Glossary

Schedule E (Form 1040), Supplemental Income and Loss

If you rented out residential or commercial real estate during the year, you will normally report your income and expenses from this activity on Part I of Schedule E.

In addition, income and deductions related to your royalties are generally reported on Schedule E. "Royalties" can generally be described as payments you receive for the use of your property, that are based in some way on the number of units sold.

Schedule E (Form 1040), Supplemental Income and Loss

Instructions for Schedule E (Form 1040), Supplemental Income and Loss

The file is in Adobe portable document format (PDF), which requires the use of Adobe Acrobat Reader.

Adobe Acrobat Reader is available, without charge, at the Adobe website.

For more information, see our discussion of Schedule E regarding rental real estate and royalty income.


© 2024 Wolters Kluwer. All Rights Reserved.