tax return

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. ▶ Information about Schedule E and its separate instructions is at www.irs.gov/schedulee.

OMB No. 1545-0074

2016 Attachment Sequence No. 13

Name(s) shown on return Your social security number

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.

A Did you make any payments in 2016 that would require you to file Form(s) 1099? (see instructions) Yes No B If “Yes,” did you or will you file required Forms 1099? Yes No

1a Physical address of each property (street, city, state, ZIP code) A B C 1b Type of Property

(from list below) A B C

2 For each rental real estate property listed above, report the number of fair rental and personal use days. Check the QJV box only if you meet the requirements to file as a qualified joint venture. 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

3 Rents received . . . . . . . . . . . . . 3 4 Royalties received . . . . . . . . . . . . 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 3 (rents) and/or 4 (royalties). 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 3 for all rental properties . . . . 23a b Total of all amounts reported on line 4 for all royalty properties . . . . 23b c Total of all amounts reported on line 12 for all properties . . . . . . 23c d Total of all amounts reported on line 18 for all properties . . . . . . 23d e Total of all amounts reported on line 20 for all properties . . . . . . 23e

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 the separate instructions. Cat. No. 11344L Schedule E (Form 1040) 2016

Schedule E (Form 1040) 2016 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, excess farm loss, 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 V; and Schedule K-1 (Form 1041), box 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) 2016

Version A, Cycle 3

INTERNAL USE ONLY DRAFT AS OF October 12, 2016

2016 Form 1040 (Schedule E)

SE:W:CAR:MP

Supplemental Income and Loss

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. 

 ▶ Information about Schedule E and its separate instructions is at www.irs.gov/schedulee.

OMB No. 1545-0074

2016

2016. Catalog Number 11344L.

Attachment 

Sequence No. 13

Attachment Sequence Number 13. For Paperwork Reduction Act Notice, see the separate instructions.

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. 

A

Did you make any payments in 2016 that would require you to file Form(s) 1099? (see instructions)

B

If “Yes,” did you or will you file required Forms 1099?

1a

Physical address of each property (street, city, state, ZIP code)

A

B

C

1b

Type of Property (from list below)

A

B

C

2

For each rental real estate property listed above, report the number of fair rental and personal use days. Check the QJV box only if you meet the requirements to file as a qualified joint venture. 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

Income:

Properties:

  

A

B

C

Income:

Property A. Dollars.

Property A. Cents.

Property B. Dollars.

Property B. Cents.

Property C. Dollars.

Property C. Cents.

3

Rents received          

3

4

Royalties received         

4

Expenses:

Expenses:

Property A. Dollars.

Property A. Cents.

Property B. Dollars.

Property B. Cents.

Property C. Dollars.

Property C. Cents.

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

19

20

Total expenses. Add lines 5 through 19          

20

21

Subtract line 20 from line 3 (rents) and/or 4 (royalties). 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

23

a

Total of all amounts reported on line 3 for all rental properties          

23a

b

Total of all amounts reported on line 4 for all royalty properties         

23b

c

Total of all amounts reported on line 12 for all properties         

23c

d

Total of all amounts reported on line 18 for all properties         

23d

e

Total of all amounts reported on line 20 for all properties         

23e

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 the separate instructions.

Cat. No. 11344L

Schedule E (Form 1040) 2016

Schedule E (Form 1040) 2016

Attachment Sequence No. 13 

Page 2 

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, excess farm loss, 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.

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

Passive Income and Loss. (f) Passive loss allowed (attach Form 8582 if required). Dollars.

Passive Income and Loss. (f) Passive loss allowed (attach Form 8582 if required). Cents.

Passive Income and Loss. (g) Passive income from Schedule K–1. Dollars.

Passive Income and Loss. (g) Passive income from Schedule K–1. Cents.

Nonpassive Income and Loss. (h) Nonpassive loss from Schedule K–1. Dollars.

Nonpassive Income and Loss. (h) Nonpassive loss from Schedule K–1. Cents.

Nonpassive Income and Loss. (i) Section 179 expense deduction from Form 4562. Dollars.

Nonpassive Income and Loss. (i) Section 179 expense deduction from Form 4562. Cents.

Nonpassive Income and Loss. (j) Nonpassive income from Schedule K–1. Dollars.

Nonpassive Income and Loss. (j) Nonpassive income from Schedule K–1. Cents.

A

B

C

D

29

a

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

Passive Income and Loss. (c) Passive deduction or loss allowed (attach Form 8582 if required). Dollars.

Passive Income and Loss. (c) Passive deduction or loss allowed (attach Form 8582 if required). Cents.

Passive Income and Loss. (d) Passive income from Schedule K–1. Dollars.

Passive Income and Loss. (d) Passive income from Schedule K–1. Cents.

Nonpassive Income and Loss. (e) Deduction or loss from Schedule K–1. Dollars.

Nonpassive Income and Loss. (e) Deduction or loss from Schedule K–1. Cents.

Nonpassive Income and Loss. (f) Other income from Schedule K–1. Dollars.

Nonpassive Income and Loss. (f) Other income from Schedule K–1. Cents.

A

B

34

a

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

(a) Name.

(b) Employer identification number.

(c) Excess inclusion from Schedules Q, line 2c (see instructions). Dollars.

(c) Excess inclusion from Schedules Q, line 2c (see instructions). Cents.

(d) Taxable income (net loss) from Schedules Q, line 1b. Dollars.

(d) Taxable income (net loss) from Schedules Q, line 1b. Cents.

(e) Income from Schedules Q, line 3b. Dollars.

(e) Income from Schedules Q, line 3b. Cents.

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 V; and Schedule K-1 (Form 1041), box 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) 2016