SCHEDULE E (Form 1040) Supplemental Income and Loss 2009
Summary: This is an example of Schedule E (Form 1040) 2009 as
pertains to the text. The line items are completed as follows:
-
Name(s) shown on return
field contains John R. (Deceased) & Mary L. Smith -
Your social security number
field contains 234-00-7890 - Under
Part I: Income or Loss From Rental Real Estate and Royalties
: -
-
1. List the type and location of each rental real estate property:
A
field contains House, 137 Main Street, Juneville, ME 00000 -
2. For each rental real estate property listed on line 1,
did you or your family use it during the tax year for personal purposes for more
than the greater of 14 days or 10% of the total days rented at fair rental
value? (See page E-3.)--A. No
checkbox checked -
3. Rents received. A
field contains 12,000
Totals (Add columns A, B, and C.)
field contains 12,000 -
9. Insurance. A
field contains 260 -
12. Mortgage interest paid to banks, etcetera (see page E-5).
A
field contains 410
Totals (Add columns A, B, and C.)
field contains 410 -
14. Repairs. A
field contains 350 -
16. Taxes A
field contains 700 -
19. Add lines 5 through 18. A
field contains 1,720
Totals (Add columns A, B, and C.)
field contains 1,720 -
20. Depreciation expense or depletion (see page E-5). A
field contains 2,097
Totals (Add columns A, B, and C.)
field contains 2,097 -
21. Total expenses. Add lines 19 and 20. A
field contains 3,817 -
22. Income or (loss) from rental real estate or royalty properties.
Subtract line 21 from line 3 (rents) or line 4 (royalties). If the result is a
(loss), see page E-5 to find out if you must file Form 6198. A
field contains 8,183 -
24. Income. Add positive amounts shown on line 22. Do not
include any losses
field contains 8,183 -
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
field contains 8,183
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