Form 40 Schedule E "Supplemental Income and Loss" - Alabama

What Is Form 40 Schedule E?

This is a legal form that was released by the Alabama Department of Revenue - a government authority operating within Alabama. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • The latest edition provided by the Alabama Department of Revenue;
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  • Fill out the form in our online filing application.

Download a fillable version of Form 40 Schedule E by clicking the link below or browse more documents and templates provided by the Alabama Department of Revenue.

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Download Form 40 Schedule E "Supplemental Income and Loss" - Alabama

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E
2017
SCHEDULE
XX002540
Alabama Department of Revenue
Supplemental Income and Loss
(FORM 40)
(From Rental Real Estate, Royalties, Partnerships, S Corporations, Estates, Trusts, REMICs, etc.)
ATTACH TO FORM 40.
SEE INSTRUCTIONS FOR SCHEDULE E (FORM 40).
Name(s) shown on return
Your social security number
Income or Loss From Rental Real Estate and Royalties
PART I
Note: If you are operating under a Federal Employer Identification Number, report income and expenses from your business of renting personal property on Schedule C or C-EZ.
Reset Schedule E
1 Show the kind and location of each Rental Real Estate Property:
2 For each rental real estate property
Yes No
A
A
listed on line 1, did you or your family
use it during the tax year for personal
B
B
purposes for more than the greater of:
• 14 days, or
C
C
• 10% of the total days rented at fair
rental value?
Properties
Totals
Income:
A
B
C
(Add Columns A, B, and C)
3 Rents received. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3
00
00
00
00
0
4 Royalties received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4
00
00
00
00
0
Expenses:
5 Advertising. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
00
00
6 Auto and travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
00
00
00
7 Cleaning and maintenance . . . . . . . . . . . . . . . . . . . . . . . . .
7
00
00
00
8 Commissions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
00
00
00
9 Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
00
00
00
10 Legal and other professional fees . . . . . . . . . . . . . . . . . . . .
10
00
00
00
11 Management fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
00
00
00
12 Mortgage interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
12
00
00
00
00
0
13 Other interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
00
00
00
14 Repairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
00
00
00
15 Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
00
00
00
16 Taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
00
00
00
17 Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
00
00
00
18 Other (list)
18
00
00
00
___________________________________
00
00
00
_______________________________________________
00
00
00
_______________________________________________
00
00
00
_______________________________________________
00
00
00
19 Add lines 5 through 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
19
00
00
00
00
0
0
0
20 Depreciation expense or depletion . . . . . . . . . . . . . . . . . . .
20
0
20
00
00
00
00
0
21 Total expenses. Add lines 19 and 20 . . . . . . . . . . . . . . . . .
21
00
00
00
0
0
0
22 Income or (loss). Subtract line 21 from line 3 (rents) or
22
00
00
00
line 4 (royalties). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0
0
0
23 Total Real Estate and Royalty income or (loss). Add columns A, B, and C from line 22 and enter the result here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
PART II
00
0
(i)
(j)
Income from Partnerships, S Corporations, Estates and Trusts
(h)
Employer
(g)
Identification
Amount
Name and Address
Number
Check One
00
00
00
00
24 TOTAL INCOME FROM PARTNERSHIPS, S CORPORATIONS, ESTATES, AND TRUSTS. Add the amounts in column (j). Enter the
24
00
total here and include on line 25 below.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0
25 TOTAL INCOME OR (LOSS). Combine lines 23 and 24. Enter the total here and on Form 40, page 2, Part I, line 6. . . . . . . . . . . . . . . . . . . . . . . . .
25
0
00
ADOR
Schedule E (Form 40) 2017
E
2017
SCHEDULE
XX002540
Alabama Department of Revenue
Supplemental Income and Loss
(FORM 40)
(From Rental Real Estate, Royalties, Partnerships, S Corporations, Estates, Trusts, REMICs, etc.)
ATTACH TO FORM 40.
SEE INSTRUCTIONS FOR SCHEDULE E (FORM 40).
Name(s) shown on return
Your social security number
Income or Loss From Rental Real Estate and Royalties
PART I
Note: If you are operating under a Federal Employer Identification Number, report income and expenses from your business of renting personal property on Schedule C or C-EZ.
Reset Schedule E
1 Show the kind and location of each Rental Real Estate Property:
2 For each rental real estate property
Yes No
A
A
listed on line 1, did you or your family
use it during the tax year for personal
B
B
purposes for more than the greater of:
• 14 days, or
C
C
• 10% of the total days rented at fair
rental value?
Properties
Totals
Income:
A
B
C
(Add Columns A, B, and C)
3 Rents received. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3
00
00
00
00
0
4 Royalties received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4
00
00
00
00
0
Expenses:
5 Advertising. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
00
00
6 Auto and travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
00
00
00
7 Cleaning and maintenance . . . . . . . . . . . . . . . . . . . . . . . . .
7
00
00
00
8 Commissions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
00
00
00
9 Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
00
00
00
10 Legal and other professional fees . . . . . . . . . . . . . . . . . . . .
10
00
00
00
11 Management fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
00
00
00
12 Mortgage interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
12
00
00
00
00
0
13 Other interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
00
00
00
14 Repairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
00
00
00
15 Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
00
00
00
16 Taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
00
00
00
17 Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
00
00
00
18 Other (list)
18
00
00
00
___________________________________
00
00
00
_______________________________________________
00
00
00
_______________________________________________
00
00
00
_______________________________________________
00
00
00
19 Add lines 5 through 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
19
00
00
00
00
0
0
0
20 Depreciation expense or depletion . . . . . . . . . . . . . . . . . . .
20
0
20
00
00
00
00
0
21 Total expenses. Add lines 19 and 20 . . . . . . . . . . . . . . . . .
21
00
00
00
0
0
0
22 Income or (loss). Subtract line 21 from line 3 (rents) or
22
00
00
00
line 4 (royalties). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0
0
0
23 Total Real Estate and Royalty income or (loss). Add columns A, B, and C from line 22 and enter the result here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
PART II
00
0
(i)
(j)
Income from Partnerships, S Corporations, Estates and Trusts
(h)
Employer
(g)
Identification
Amount
Name and Address
Number
Check One
00
00
00
00
24 TOTAL INCOME FROM PARTNERSHIPS, S CORPORATIONS, ESTATES, AND TRUSTS. Add the amounts in column (j). Enter the
24
00
total here and include on line 25 below.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0
25 TOTAL INCOME OR (LOSS). Combine lines 23 and 24. Enter the total here and on Form 40, page 2, Part I, line 6. . . . . . . . . . . . . . . . . . . . . . . . .
25
0
00
ADOR
Schedule E (Form 40) 2017