Schedule E (Form 1040) Page 2
Summary: This is an example of Schedule E (Form 1040), page 2, as pertains to the text. The completed line items are:
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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 page E-6 before completing this section.
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- Under
Part II: Income or Loss From Partnerships and S Corporations
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| 28. (a) Name | (b) Enter P for partnership; S for S corporation | (d) Employer identification number | (e) Check if any amount is not at risk |
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| A. Partnership #2 (EDPA) | P | 10-1672810 | not checked |
| B. Partnership #3 (EDPA) | P | 10-9876243 | not checked |
| C. Partnership #1 | P | 10-5566650 | not checked |
| D. Partnership #4 | P | 10-7435837 | not checked |
| 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 |
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| A. From P.T.P. (3,645) | | |
| B. | | (9,000) |
| C. (2,600) | 4,000 | |
| D. (148) | | |
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29a. Totals: (g) Passive income from Schedule K-1
field contains 4,000 -
29b. Totals (f) Passive loss allowed (attach Form 8582 if required)
field contains negative 6,393 -
30. Add columns (g) and (j) of line 29a
field contains 4,000 -
31. Add columns (f), (h), and (i) of line 29b
field contains negative 15,393 -
32. Total partnership and S corporation income or (loss). Combine lines 30and 31. Enter the result here and include in the total on line 41 below
field contains negative 11,393 - Under
Part V: Summary
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41. Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Form 1040, line 17
field contains negative 21,094
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