Federal Supplemental Income and Loss

Supplemental Income and Loss
2023 Schedule E (Form 1040)
SCHEDULE E
(Form 1040)

Supplemental Income and Loss

OMB No. 1545-0074

Attach to Form 1040, 1040-SR, 1040-NR, or 1041.
Go to www.irs.gov/ScheduleE for instructions and the latest information.

A
B
1a
A
B
C
1b

Attachment
Sequence No. 13
Your social security number

Name(s) shown on return

Part I

2023

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

Department of the Treasury
Internal Revenue Service

Income or Loss From Rental Real Estate and Royalties

Note: If you are in the business of renting personal property, use Schedule C. See instructions. If you are an individual, report farm
rental income or loss from Form 4835 on page 2, line 40.

Did you make any payments in 2023 that would require you to file Form(s) 1099? See instructions .
If “Yes,” did you or will you file required Form(s) 1099? . . . . . . . . . . . . . .

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Yes
Yes

No
No

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

Type of Property
(from list below)

2

A
B
C
Type of Property:
1 Single Family Residence
2 Multi-Family Residence

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.
3 Vacation/Short-Term Rental
4 Commercial

Fair Rental
Days

Personal Use
Days

A
B
C

5 Land
6 Royalties

7 Self-Rental
8 Other (describe)

Properties:
Income:
A
B
3
Rents received . . . . . . . . . . . . . .
3
4
Royalties received . . . . . . . . . . . . .
4
Expenses:
5
5
Advertising . . . . . . . . . . . . . . .
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
Other (list)
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, and IV, and line 40 on page 2 do not apply to you, also enter this amount on
Schedule 1 (Form 1040), line 5. Otherwise, include this amount in the total on line 41 on page 2 .
26
For Paperwork Reduction Act Notice, see the separate instructions.

QJV

Cat. No. 11344L

C

)

)

Schedule E (Form 1040) 2023

Schedule E (Form 1040) 2023

Attachment Sequence No.

13

Page 2
Your social security number

Name(s) shown on return. Do not enter name and social security number if shown on other side.

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, receive a distribution, dispose of stock, or receive a loan repayment from an S corporation, you must check
the box in column (e) on line 28 and attach the required basis computation. 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 (f) 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

(b) Enter P for
partnership; S
for S corporation

(a) Name

(c) Check if
foreign
partnership

(e) Check if
(f) Check if
basis computation any amount is
is required
not at risk

(d) Employer
identification number

A
B
C
D
Passive Income and Loss
(g) Passive loss allowed
(attach Form 8582 if required)

A
B
C
D
29a
b
30
31
32

Nonpassive Income and Loss

(h) Passive income
from Schedule K-1

(i) Nonpassive loss allowed
(see Schedule K-1)

(j) Section 179 expense
deduction from Form 4562

Totals
Totals
Add columns (h) and (k) of line 29a . . . . . . . . . . . . . . . .
Add columns (g), (i), and (j) of line 29b . . . . . . . . . . . . . . .
Total partnership and S corporation income or (loss). Combine lines 30 and 31

Part III

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(k) Nonpassive income
from Schedule K-1

30
31 (
32

)

Income or Loss From Estates and Trusts

33

(b) Employer
identification number

(a) Name

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

A
B
34a
b
35
36
37
38

42

43

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(f) Other income from
Schedule K-1

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35
36 (
37

)

Income or Loss From Real Estate Mortgage Investment Conduits (REMICs)—Residual Holder
(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

Combine columns (d) and (e) only. Enter the result here and include in the total on line 41 below .

Part V
40
41

(e) Deduction or loss
from Schedule K-1

Totals
Totals
Add columns (d) and (f) of line 34a
. . . . . . . . . . .
Add columns (c) and (e) of line 34b . . . . . . . . . . .
Total estate and trust income or (loss). Combine lines 35 and 36 .

Part IV

39

Nonpassive Income and Loss

(d) Passive income
from Schedule K-1

(e) Income from
Schedules Q, line 3b

39

Summary

Net farm rental income or (loss) from Form 4835. Also, complete line 42 below . . . . . . .
Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Schedule
1 (Form 1040), line 5 . . . . . . . . . . . . . . . . . . . . . . . . . .
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 1120-S), box 17, code
AN; and Schedule K-1 (Form 1041), box 14, code F. See instructions .
42
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, Form 1040-SR, or Form 1040-NR
from all rental real estate activities in which you materially participated
under the passive activity loss rules . . . . . . . . . . . .
43

40
41

Schedule E (Form 1040) 2023