Form
1040
2016
(99)
Department of the Treasury—Internal Revenue Service
U.S. Individual Income Tax Return
OMB No. 1545-0074
, 2016, ending
IRS Use Only—Do not write or staple in this space.
See separate instructions.
For the year Jan. 1–Dec. 31, 2016, or other tax year beginning
Your first name and initial
Last name
, 20
Your social security number
If a joint return, spouse’s first name and initial
Last name
Spouse’s social security number
Apt. no.
Home address (number and street). If you have a P.O. box, see instructions.
▲
City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions).
Foreign country name
Filing Status
Check only one
box.
Exemptions
Presidential Election Campaign
Check here if you, or your spouse if filing
jointly, want $3 to go to this fund. Checking
Foreign postal code
a box below will not change your tax or
refund.
You
Spouse
Foreign province/state/county
1
4
Single
Married filing jointly (even if only one had income)
2
3
c
Head of household (with qualifying person). (See instructions.) If
the qualifying person is a child but not your dependent, enter this
child’s name here. ▶
Married filing separately. Enter spouse’s SSN above
and full name here. ▶
6a
b
5
Qualifying widow(er) with dependent child
Yourself. If someone can claim you as a dependent, do not check box 6a .
Spouse
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Dependents:
(1) First name
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(2) Dependent’s
social security number
Last name
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(4) ✓ if child under age 17
qualifying for child tax credit
(see instructions)
(3) Dependent’s
relationship to you
Dependents on 6c
not entered above
d
Attach Form(s)
W-2 here. Also
attach Forms
W-2G and
1099-R if tax
was withheld.
If you did not
get a W-2,
see instructions.
Adjusted
Gross
Income
Boxes checked
on 6a and 6b
No. of children
on 6c who:
• lived with you
• did not live with
you due to divorce
or separation
(see instructions)
If more than four
dependents, see
instructions and
check here ▶
Income
Make sure the SSN(s) above
and on line 6c are correct.
Total number of exemptions claimed
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7
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8b
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8a
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9a
10
11
Qualified dividends . . . . . . . . . . .
9b
Taxable refunds, credits, or offsets of state and local income taxes
Alimony received . . . . . . . . . . . . . . .
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10
11
12
13
14
Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . .
Capital gain or (loss). Attach Schedule D if required. If not required, check here ▶
Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . .
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12
13
14
15a
16a
17
IRA distributions .
15a
b Taxable amount
. . .
Pensions and annuities 16a
b Taxable amount
. . .
Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E
15b
16b
17
18
19
20a
Farm income or (loss). Attach Schedule F .
Unemployment compensation . . . .
Social security benefits 20a
18
19
20b
21
22
Other income. List type and amount
Combine the amounts in the far right column for lines 7 through 21. This is your total income
23
Educator expenses
24
Certain business expenses of reservists, performing artists, and
fee-basis government officials. Attach Form 2106 or 2106-EZ
25
Health savings account deduction. Attach Form 8889
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24
25
26
27
28
Moving expenses. Attach Form 3903 . . . . . .
Deductible part of self-employment tax. Attach Schedule SE .
Self-employed SEP, SIMPLE, and qualified plans
. .
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27
28
29
30
31a
Self-employed health insurance deduction
Penalty on early withdrawal of savings . .
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33
34
Alimony paid b Recipient’s SSN ▶
IRA deduction . . . . . . .
Student loan interest deduction . .
Tuition and fees. Attach Form 8917 .
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30
31a
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32
33
34
35
36
37
Domestic production activities deduction. Attach Form 8903
35
Add lines 23 through 35 . . . . . . . . . . . . .
Subtract line 36 from line 22. This is your adjusted gross income
7
Wages, salaries, tips, etc. Attach Form(s) W-2
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8a
b
9a
Taxable interest. Attach Schedule B if required .
Tax-exempt interest. Do not include on line 8a .
Ordinary dividends. Attach Schedule B if required
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b
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b Taxable amount
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Add numbers on
lines above ▶
21
22
23
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For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.
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36
37
Cat. No. 11320B
Form
1040
(2016)
Page 2
Form 1040 (2016)
38
Amount from line 37 (adjusted gross income)
Tax and
Credits
39a
Check
if:
Standard
Deduction
for—
• People who
check any
box on line
39a or 39b or
who can be
claimed as a
dependent,
see
instructions.
• All others:
Single or
Married filing
separately,
$6,300
Married filing
jointly or
Qualifying
widow(er),
$12,600
Head of
household,
$9,300
.
.
Other
Taxes
58
59
60a
Unreported social security and Medicare tax from Form:
a
b
61
First-time homebuyer credit repayment. Attach Form 5405 if required
62
63
Form 8960 c
Taxes from: a
Form 8959 b
Add lines 56 through 62. This is your total tax . .
Payments
If you have a
qualifying
child, attach
Schedule EIC.
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You were born before January 2, 1952,
Spouse was born before January 2, 1952,
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Blind.
Blind.
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}
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38
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Total boxes
checked ▶ 39a
39b
Itemized deductions (from Schedule A) or your standard deduction (see left margin)
Subtract line 40 from line 38
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42
43
Exemptions. If line 38 is $155,650 or less, multiply $4,050 by the number on line 6d. Otherwise, see instructions
Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . .
Form 4972 c
Tax (see instructions). Check if any from: a
Form(s) 8814 b
44
45
46
47
48
49
50
51
52
53
54
55
56
57
64
65
66a
b
67
68
69
70
71
72
75
76a
Alternative minimum tax (see instructions). Attach Form 6251 .
Excess advance premium tax credit repayment. Attach Form 8962
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48
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52
Residential energy credits. Attach Form 5695 . . . .
53
3800 b
8801 c
Other credits from Form: a
54
Add lines 48 through 54. These are your total credits . . . . .
Subtract line 55 from line 47. If line 55 is more than line 47, enter -0-
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Self-employment tax. Attach Schedule SE
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Add lines 44, 45, and 46
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Foreign tax credit. Attach Form 1116 if required .
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Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required
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Instructions; enter code(s)
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64
Federal income tax withheld from Forms W-2 and 1099 . .
2016 estimated tax payments and amount applied from 2015 return
65
Earned income credit (EIC) . . . . . . . . . . 66a
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b
4137
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67
American opportunity credit from Form 8863, line 8 .
Net premium tax credit. Attach Form 8962 . . . .
Amount paid with request for extension to file . . .
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68
69
70
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71
72
Credits from Form: a
2439 b
Reserved c
8885 d
73
Add lines 64, 65, 66a, and 67 through 73. These are your total payments .
Excess social security and tier 1 RRTA tax withheld
Credit for federal tax on fuels. Attach Form 4136
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Full-year coverage
Health care: individual responsibility (see instructions)
Nontaxable combat pay election
66b
Additional child tax credit. Attach Schedule 8812 .
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8919
Household employment taxes from Schedule H
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40
41
42
43
44
45
46
47
49
50
51
Credit for child and dependent care expenses. Attach Form 2441
Education credits from Form 8863, line 19 . . . . .
Retirement savings contributions credit. Attach Form 8880
Child tax credit. Attach Schedule 8812, if required . . .
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55
56
57
58
59
60a
60b
61
62
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63
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74
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If line 74 is more than line 63, subtract line 63 from line 74. This is the amount you overpaid
75
Amount of line 75 you want refunded to you. If Form 8888 is attached, check here
76a
.
▶
▶ c Type:
Routing number
Checking
Savings
Account number
Amount of line 75 you want applied to your 2017 estimated tax ▶ 77
77
78
Amount you owe. Subtract line 74 from line 63. For details on how to pay, see instructions ▶ 78
79
Estimated tax penalty (see instructions) . . . . . . .
79
Do you want to allow another person to discuss this return with the IRS (see instructions)?
Yes. Complete below.
▶
Third Party
Designee
.
40
41
Direct deposit?
See
▶
instructions.
Amount
You Owe
.
If your spouse itemizes on a separate return or you were a dual-status alien, check here ▶
b
73
74
Refund
{
.
b
d
No
Personal identification
▶
number (PIN)
Phone
no. ▶
Designee’s
name ▶
Sign
Here
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and
accurately list all amounts and sources of income I received during the tax year. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Joint return? See
instructions.
Keep a copy for
your records.
▲
Paid
Preparer
Use Only
Your signature
Date
Your occupation
Daytime phone number
Spouse’s signature. If a joint return, both must sign.
Date
Spouse’s occupation
If the IRS sent you an Identity Protection
PIN, enter it
here (see inst.)
PTIN
Check
if
self-employed
Print/Type preparer’s name
Firm’s name
Preparer’s signature
Date
▶
Firm’s EIN
Firm’s address ▶
Phone no.
www.irs.gov/form1040
▶
Form 1040 (2016)
Form
8582
Department of the Treasury
Internal Revenue Service (99)
Passive Activity Loss Limitations
▶ See
OMB No. 1545-1008
separate instructions.
▶ Attach
to Form 1040 or Form 1041.
▶ Information about Form 8582 and its instructions is available at www.irs.gov/form8582.
Name(s) shown on return
Part I
2016
Attachment
Sequence No. 88
Identifying number
2016 Passive Activity Loss
Caution: Complete Worksheets 1, 2, and 3 before completing Part I.
Rental Real Estate Activities With Active Participation (For the definition of active participation, see
Special Allowance for Rental Real Estate Activities in the instructions.)
1a Activities with net income (enter the amount from Worksheet 1,
column (a)) . . . . . . . . . . . . . . . . . .
1a
b Activities with net loss (enter the amount from Worksheet 1, column
(b)) . . . . . . . . . . . . . . . . . . . . .
1b (
c Prior years unallowed losses (enter the amount from Worksheet 1,
1c (
column (c)) . . . . . . . . . . . . . . . . . .
d Combine lines 1a, 1b, and 1c . . . . . . . . . . . . . . . . . . . . . .
Commercial Revitalization Deductions From Rental Real Estate Activities
2a Commercial revitalization deductions from Worksheet 2, column (a) .
2a (
b Prior year unallowed commercial revitalization deductions from
2b (
Worksheet 2, column (b) . . . . . . . . . . . . . .
c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . .
All Other Passive Activities
3a Activities with net income (enter the amount from Worksheet 3,
column (a)) . . . . . . . . . . . . . . . . . .
3a
b Activities with net loss (enter the amount from Worksheet 3, column
(b)) . . . . . . . . . . . . . . . . . . . . .
3b (
c
Prior years unallowed losses (enter the amount from Worksheet 3,
column (c)) . . . . . . . . . . . . . . . . . .
d Combine lines 3a, 3b, and 3c . . . . . . . . . . . . .
.
3c (
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)
)
1d
)
)
)
2c (
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)
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3d
4
Combine lines 1d, 2c, and 3d. If this line is zero or more, stop here and include this form with
your return; all losses are allowed, including any prior year unallowed losses entered on line 1c,
2b, or 3c. Report the losses on the forms and schedules normally used . . . . . . . .
4
If line 4 is a loss and:
• Line 1d is a loss, go to Part II.
• Line 2c is a loss (and line 1d is zero or more), skip Part II and go to Part III.
• Line 3d is a loss (and lines 1d and 2c are zero or more), skip Parts II and III and go to line 15.
Caution: If your filing status is married filing separately and you lived with your spouse at any time during the year, do not complete
Part II or Part III. Instead, go to line 15.
Part II
5
6
7
8
9
10
Note: Enter all numbers in Part II as positive amounts. See instructions for an example.
Enter the smaller of the loss on line 1d or the loss on line 4 . . . . . . . . . . . .
Enter $150,000. If married filing separately, see instructions . .
6
Enter modified adjusted gross income, but not less than zero (see instructions)
7
Note: If line 7 is greater than or equal to line 6, skip lines 8 and 9,
enter -0- on line 10. Otherwise, go to line 8.
Subtract line 7 from line 6 . . . . . . . . . . . . .
8
Multiply line 8 by 50% (0.5). Do not enter more than $25,000. If married filing separately, see instructions
Enter the smaller of line 5 or line 9 . . . . . . . . . . . . . . . . . . . .
If line 2c is a loss, go to Part III. Otherwise, go to line 15.
Part III
11
12
13
14
5
9
10
Special Allowance for Commercial Revitalization Deductions From Rental Real Estate Activities
Note: Enter all numbers in Part III as positive amounts. See the example for Part II in the instructions.
Enter $25,000 reduced by the amount, if any, on line 10. If married filing separately, see instructions
11
Enter the loss from line 4 . . . . . . . . . . . . . . . . . . . . . . . .
12
Reduce line 12 by the amount on line 10 . . . . . . . . . . . . . . . . . .
13
Enter the smallest of line 2c (treated as a positive amount), line 11, or line 13 . . . . . .
14
Part IV
15
16
Special Allowance for Rental Real Estate Activities With Active Participation
Total Losses Allowed
Add the income, if any, on lines 1a and 3a and enter the total . . . . . . . . . . . .
Total losses allowed from all passive activities for 2016. Add lines 10, 14, and 15. See
instructions to find out how to report the losses on your tax return . . . . . . . . . . .
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 63704F
15
16
Form 8582 (2016)
Page 2
Form 8582 (2016)
Caution: The worksheets must be filed with your tax return. Keep a copy for your records.
Worksheet 1—For Form 8582, Lines 1a, 1b, and 1c (See instructions.)
Current year
Name of activity
(a) Net income
(line 1a)
Prior years
(b) Net loss
(line 1b)
Overall gain or loss
(c) Unallowed
loss (line 1c)
(d) Gain
(e) Loss
Total. Enter on Form 8582, lines 1a, 1b,
and 1c . . . . . . . . . . . ▶
Worksheet 2—For Form 8582, Lines 2a and 2b (See instructions.)
(a) Current year
deductions (line 2a)
Name of activity
(b) Prior year
unallowed deductions (line 2b)
(c) Overall loss
Total. Enter on Form 8582, lines 2a and
2b
. . . . . . . . . . . . ▶
Worksheet 3—For Form 8582, Lines 3a, 3b, and 3c (See instructions.)
Current year
Name of activity
(a) Net income
(line 3a)
Prior years
(b) Net loss
(line 3b)
Overall gain or loss
(c) Unallowed
loss (line 3c)
(d) Gain
(e) Loss
Total. Enter on Form 8582, lines 3a, 3b,
and 3c . . . . . . . . . . . ▶
Worksheet 4—Use this worksheet if an amount is shown on Form 8582, line 10 or 14 (See instructions.)
Form or schedule
and line number
to be reported on
(see instructions)
Name of activity
Total
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(a) Loss
(b) Ratio
(c) Special
allowance
(d) Subtract
column (c) from
column (a)
1.00
▶
Worksheet 5—Allocation of Unallowed Losses (See instructions.)
Form or schedule
and line number
to be reported on
(see instructions)
Name of activity
Total
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▶
(a) Loss
(b) Ratio
(c) Unallowed loss
1.00
Form 8582 (2016)
Page 3
Form 8582 (2016)
Worksheet 6—Allowed Losses (See instructions.)
Form or schedule
and line number to
be reported on (see
instructions)
Name of activity
Total
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(a) Loss
(b) Unallowed loss
(c) Allowed loss
▶
Worksheet 7—Activities With Losses Reported on Two or More Forms or Schedules (See instructions.)
Name of activity:
(a)
(b)
(c) Ratio
(d) Unallowed
loss
(e) Allowed loss
Form or schedule and line number
to be reported on (see
instructions):
1a Net loss plus prior year unallowed
loss from form or schedule . ▶
b Net income from form or
schedule . . . . . . . ▶
c
Subtract line 1b from line 1a. If zero or less, enter -0- ▶
Form or schedule and line number
to be reported on (see
instructions):
1a Net loss plus prior year unallowed
loss from form or schedule . ▶
b Net income from form or
schedule . . . . . . . ▶
c
Subtract line 1b from line 1a. If zero or less, enter -0- ▶
Form or schedule and line number
to be reported on (see
instructions):
1a Net loss plus prior year unallowed
loss from form or schedule . ▶
b Net income from form or
schedule . . . . . . . ▶
c
Total .
Subtract line 1b from line 1a. If zero or less, enter -0- ▶
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▶
1.00
Form 8582 (2016)
SCHEDULE E
(Form 1040)
Department of the Treasury
Internal Revenue Service (99)
Name(s) shown on return
Part I
Supplemental Income and Loss
OMB No. 1545-0074
2016
(From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.)
Attach to Form 1040, 1040NR, or Form 1041.
about Schedule E and its separate instructions is at www.irs.gov/schedulee.
a
a Information
Attachment
Sequence No. 13
Your social security number
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.
Yes
No
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?
1a Physical address of each property (street, city, state, ZIP code)
A
B
C
Fair Rental
Personal Use
2 For each rental real estate property listed
1b
Type of Property
QJV
above, report the number of fair rental and
Days
Days
(from list below)
personal use days. Check the QJV box
A
A
only if you meet the requirements to file as
a qualified joint venture. See instructions.
B
B
C
C
Type of Property:
3 Vacation/Short-Term Rental 5 Land
7 Self-Rental
1 Single Family Residence
2 Multi-Family Residence
4 Commercial
6 Royalties
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
Other (list) a
19
19
20
Total expenses. Add lines 5 through 19 . . . . .
20
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
Deductible rental real estate loss after limitation, if any,
22
)(
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 . . . . . . .
25
Losses. Add royalty losses from line 21 and rental real estate losses from line 22. Enter total losses here
21
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 . . .
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11344L
)(
)
24
25 (
)
26
Schedule E (Form 1040) 2016
Attachment Sequence No. 13
Page 2
Your social security number
Schedule E (Form 1040) 2016
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.
Income or Loss From Partnerships and S Corporations
Part II
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
B
C
D
(h) Nonpassive loss
from Schedule K-1
. . . . . .
. . . . . .
(loss). Combine
. . . . . .
. . . . . .
. . . . . .
lines 30 and 31.
. . . . . .
. .
. .
Enter
. .
.
.
the
.
Totals
Totals
Add columns (d) and (f) of line 34a
Add columns (c) and (e) of line 34b
Total estate and trust income or
include in the total on line 41 below
Part IV
38
. . . . . . . .
. . . . . . . .
Combine lines 35 and
. . . . . . . .
(e) Deduction or loss
from Schedule K-1
. . . . .
. . . . .
36. Enter the
. . . . .
. .
. .
result
. .
. . .
. . .
here and
. . .
(f) Other income from
Schedule K-1
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
(e) Income from
Schedules Q, line 3b
39
Summary
40
41
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 Form 1040, line 17, or Form 1040NR, line 18 a
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
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
43
32
Nonpassive Income and Loss
(d) Passive income
from Schedule K-1
. .
. .
(loss).
. .
)
(b) Employer
identification number
Passive Income and Loss
(c) Passive deduction or loss allowed
(attach Form 8582 if required)
(j) Nonpassive income
from Schedule K-1
30
31 (
(a) Name
A
B
(e) Check if
any amount is
not at risk
(i) Section 179 expense
deduction from Form 4562
Income or Loss From Estates and Trusts
33
39
(d) Employer
identification
number
Nonpassive Income and Loss
(g) Passive income
from Schedule K-1
Totals
Totals
Add columns (g) and (j) of line 29a . . . . . .
Add columns (f), (h), and (i) of line 29b . . . .
Total partnership and S corporation income or
result here and include in the total on line 41 below
Part III
A
B
34a
b
35
36
37
(c) Check if
foreign
partnership
Passive Income and Loss
(f) Passive loss allowed
(attach Form 8582 if required)
A
B
C
D
29a
b
30
31
32
(b) Enter P for
partnership; S
for S corporation
(a) Name
40
41
Schedule E (Form 1040) 2016
Purchase answer to see full
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