Schedule E: supplemental income and loss. Part II - Income or Loss From Partnerships and S Corporations

• Author: Nicholas L. Bourdeau
• Pages: 93-106

8-1

8-1

Chapter 8

Schedule E

Supplemental Income and Loss

Part II - Income or Loss From

Partnerships and S Corporations

TABLE OF CONTENTS

§8:00 THEORY

§8:01 Partnerships

§8:01.1 Battle Lines

§8:02 Subchapter S Corporations

§8:03 Income or Loss From Estates or Trusts

§8:10 LINE BY LINE

§8:10.1 Line 27 Are You Reporting Losses Not Allowed in Prior Years Due to the At-Risk or Basis

Limitations, Passive Losses Not Reported on Form 8582, or Unreimbursed Partnership

Expenses?

§8:10.2 Line 28(a) Name

§8:10.3 Line 28(b) Enter P for Partnership; S for S Corporation

§8:10.4 Line 28(c) Check if Foreign Partnership

§8:10.5 Line 28(d) Employer Identification Number

§8:10.6 Line 28(e) Check if Any Amount Is Not at Risk

§8:10.7 Line 28(f) Passive Loss Allowed (attach Form 8582 if required)

§8:10.8 Line 28(g) Passive Income From Schedule K-1

§8:10.9 Line 28(h) Nonpassive Loss From Schedule K-1

§8:10.10 Line 28(i) Section 179 Expense Deduction From Form 4562

§8:10.11 Line 28(j) Nonpassive Income From Schedule K-1

§8:10.12 Line 29a Totals

§8:10.13 Line 29b Totals

§8:10.14 Line 30 Add Columns (g) and (j) of Line 29a

§8:10.15 Line 31(f), (h), and (i) of Line 29b

§8:10.16 Line 32 Total Partnership and S Corporation Income

§8:10.17 Line 33(a) Name

§8:10.18 Line 33(b) Employer Identification Number

§8:10.19 Line 33(c) Passive Deduction or Loss Allowed (attach Form 8582 if required)

§8:10.20 Line 33(d) Passive Income From Schedule K-1

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