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PrintSchedule E (Form 1040), Supplemental Income and Loss
If you rented out residential or commercial real estate during the year, you will normally report your income and expenses from this activity on Part I of Schedule E.
In addition, income and deductions related to your royalties are generally reported on Schedule E. "Royalties" can generally be described as payments you receive for the use of your property, that are based in some way on the number of units sold.
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Schedule E (Form 1040), Supplemental Income and Loss
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Did You Participate in the Business?
