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.

Schedule E (Form 1040), Supplemental Income and Loss

The file is in Adobe portable document format (PDF), which requires the use of Adobe Acrobat Reader.

To get a free version of Adobe Acrobat Reader software, go to the Adobe web site.

For more information, see our discussion of Schedule E regarding rental real estate and royalty income.

• FREE electronic filing with paid processing.
  
  
• CompleteTax prepares both your federal and resident state returns.
  
  
• File electronically and you may qualify to use our Refund Anticipation Loan (RAL) service, which lets you get your refund FAST!
  
  
• Our useful Tax Guide provides tax tips and straightforward answers to your tax questions.
  
  
• If you owe a balance on your taxes, you can conveniently pay it by credit card. This service is available for federal taxes and certain states.
  
  
• Take advantage of FREE e-mail support, or an online chat service that gets your technical questions answered for a small fee.
  
  
• Learn how to file an Amended Return.