Schedule E (Form 1040) 2012 Page 2
Summary: This is an example of Schedule E (Form 1040) 2012, page 2, as pertains to the text. The completed line items
are:
Name(s) shown on return
field contains Charles and Lily WoodsYour social security number
field contains 123-00-4567Caution. The IRS compares amounts reported on your tax return with amounts shown on Schedule(s)
K-1.
- Under
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 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 | (e) Check if foreign partnership | (d) Employer identification number | (e) Check if any amount is not at risk |
|---|
| A. Partnership #2 (EDPA) | P | not checked | 10-1672810 | not checked |
| B. Partnership #3 (EDPA) | P | not checked | 10-9876243 | not checked |
| C. Partnership #1 | P | not checked | 10-5566650 | not checked |
| D. Partnership #4 | P | not checked | 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 |
|---|
| A. From P.T.P. (3,645) | | |
| B.
| | (9,000) |
| C. (2,600) | 4,000 | |
| D. (148) | | |
29a. Totals: (g) Passive income from Schedule K-1
field contains 4,00029b. Totals (f) Passive loss allowed (attach Form 8582 if required)
field contains negative 6,393(h) Nonpassive loss from Schedule K-1
field contains negative 9.00030. Add columns (g) and (j) of line 29a
field contains 4,00031. Add columns (f), (h), and (i) of line 29b
field contains negative 15,39332. 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
field contains negative 11,393- Under
Part V: Summary
: 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
field contains negative 21,094
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