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How To Amend A Tax Return 2012

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How To Amend A Tax Return 2012

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Understanding Your CP2531 Notice

You need to contact us. We’ve received information not reported on your tax return.

What you need to do

  • Read your notice carefully – it explains the information we received. Complete the notice response form to indicate if you agree or disagree with the information reported.
  • Compare the information in the two columns - "Shown on return" and "Reported to IRS by others". Did you receive the income? If you received the income, was it reported on your tax return? IRS employees search the tax return to locate all income, but they may be unable to determine the source if some items are combined.
  • If it wasn't reported on your tax return, you don't need to file an amended return to report the income. Simply check the box indicating that you agree with the information reported by others, sign and date the CP 2531 response page and return it.
  • If you don't agree with the information we sent you, check the box indicating that you don’t agree with some or all of the information on the CP 2531 response page and return it with a signed statement explaining each item of discrepancy. If applicable, attach copies of documents to support the entries on the original return behind this.  

You may want to

  • Send us the name, address and taxpayer identification number of the other party that received the income if it isn't yours.  
  • Notify the payers to correct their records to show the name and taxpayer identification number of the person or business who actually received the income, so that future reports to us are accurate.  

Answers to Common Questions

Is this notice a bill?


No. It informs you about the information we’ve received.

Why did it take you so long to contact me about this matter?

Tax years generally end on Dec. 31, but we don't receive information from banks, businesses, and other payers until much later. Once we receive all the tax returns and payer information, we compare the information you reported with the information the third party payers provided to us. It can take 8 months or more to complete the review.

Should I call with my response or mail it in?

If you have a simple response, such as directing us to a specific line on your original return where you reported the income, you can call a Customer Service Representative and provide the information. A toll-free number is listed in the top right hand corner of the notice.   

A written response may be required if the issue is more involved, especially if you disagree with some of the proposed changes. You may want to mail copies of payer information documents, such as Form(s) 1099 or Schedule(s) K-1. Include any other letters or documents that support your position. You should submit a written statement to fully explain any unusual tax situations.

I need more time to find my records and go through them all.  Will you allow me additional time to respond?

Your response is due by the date shown on the notice or we'll use the proposed changes to continue processing the case. If you need more time to research your records, you can call the toll-free number at the top of your notice to request a 30 day extension. We may also provide additional time to respond if you have unusual circumstances.  

What should I do to avoid problems like this in the future?

Keep accurate payment information from banks and other payers to verify you've received all payment information for filing your return. Review the documents to be sure they show your most current address.  

Take the following actions when filing your tax return to avoid similar issues in the future:

  • Report specific income type on the correct line on the Form 1120, U.S. Corporation Income Tax Return. For example, rental income should be claimed on Form 1120, line 6 (Gross Rents).  For additional information, please see the reporting instructions for Form 1120.
  • If you report income on a line not traditionally reserved for that type of income, please provide us with a statement indicating where the income was reported. For example, your business is related to investment activity and you're reporting all interest income (including amounts reported to the IRS on Form 1099-INT, Interest Income) with your gross receipts on Form 1120, line 1.
  • Always attach a statement identifying the source of the amount reported on Form 1120, line 10 (Other Income).
  • Provide an attached statement explaining your percentage of gross proceeds (ex; reported to us on Form 1099-MISC) that you would be liable to claim on your tax return. 
  • Generally, if you receive a Form 1099 for amounts that actually belong to another person, you are considered a nominee recipient.  You must file a Form 1099 with the IRS (the same type of Form 1099 you received) for each of the other owners showing the amounts applicable to each.  

Tax publications you may find useful

 

Page Last Reviewed or Updated: 28-Feb-2014

How to get help

  • Call the 1-800 number listed on the top right corner of your notice.
  • Authorize someone (e.g., accountant) to contact the IRS on your behalf using Form 2848.
  • See if you qualify for help from a Low Income Taxpayer Clinic.
     

The How To Amend A Tax Return 2012

How to amend a tax return 2012 3. How to amend a tax return 2012   Reporting Rental Income, Expenses, and Losses Table of Contents Which Forms To UseSchedule E (Form 1040) Schedule C (Form 1040), Profit or Loss From Business Qualified Joint Venture Limits on Rental LossesAt-Risk Rules Passive Activity Limits Casualties and Thefts Example Figuring the net income or loss for a residential rental activity may involve more than just listing the income and deductions on Schedule E (Form 1040). How to amend a tax return 2012 There are activities which do not qualify to use Schedule E, such as when the activity is not engaged in to make a profit or when you provide substantial services in conjunction with the property. How to amend a tax return 2012 There are also the limitations which may need to be applied if you have a net loss on Schedule E. How to amend a tax return 2012 There are two: (1) the limitation based on the amount of investment you have at risk in your rental activity, and (2) the special limits imposed on passive activities. How to amend a tax return 2012 You may also have a gain or loss related to your rental property from a casualty or theft. How to amend a tax return 2012 This is considered separately from the income and expense information you report on Schedule E. How to amend a tax return 2012 Which Forms To Use The basic form for reporting residential rental income and expenses is Schedule E (Form 1040). How to amend a tax return 2012 However, do not use that schedule to report a not-for-profit activity. How to amend a tax return 2012 See Not Rented for Profit , in chapter 4. How to amend a tax return 2012 There are also other rental situations in which forms other than Schedule E would be used. How to amend a tax return 2012 Schedule E (Form 1040) If you rent buildings, rooms, or apartments, and provide basic services such as heat and light, trash collection, etc. How to amend a tax return 2012 , you normally report your rental income and expenses on Schedule E, Part I. How to amend a tax return 2012 List your total income, expenses, and depreciation for each rental property. How to amend a tax return 2012 Be sure to enter the number of fair rental and personal use days on line 2. How to amend a tax return 2012 If you have more than three rental or royalty properties, complete and attach as many Schedules E as are needed to list the properties. How to amend a tax return 2012 Complete lines 1 and 2 for each property. How to amend a tax return 2012 However, fill in lines 23a through 26 on only one Schedule E. How to amend a tax return 2012 On Schedule E, page 1, line 18, enter the depreciation you are claiming for each property. How to amend a tax return 2012 To find out if you need to attach Form 4562, see Form 4562 , later. How to amend a tax return 2012 If you have a loss from your rental real estate activity, you also may need to complete one or both of the following forms. How to amend a tax return 2012 Form 6198, At-Risk Limitations. How to amend a tax return 2012 See At-Risk Rules , later. How to amend a tax return 2012 Also see Publication 925. How to amend a tax return 2012 Form 8582, Passive Activity Loss Limitations. How to amend a tax return 2012 See Passive Activity Limits , later. How to amend a tax return 2012 Page 2 of Schedule E is used to report income or loss from partnerships, S corporations, estates, trusts, and real estate mortgage investment conduits. How to amend a tax return 2012 If you need to use page 2 of Schedule E, be sure to use page 2 of the same Schedule E you used to enter your rental activity on page 1. How to amend a tax return 2012 Also, include the amount from line 26 (Part I) in the “Total income or (loss)” on line 41 (Part V). How to amend a tax return 2012 Form 4562. How to amend a tax return 2012   You must complete and attach Form 4562 for rental activities only if you are claiming: Depreciation, including the special depreciation allowance, on property placed in service during 2013; Depreciation on listed property (such as a car), regardless of when it was placed in service; or Any other car expenses, including the standard mileage rate or lease expenses. How to amend a tax return 2012 Otherwise, figure your depreciation on your own worksheet. How to amend a tax return 2012 You do not have to attach these computations to your return, but you should keep them in your records for future reference. How to amend a tax return 2012   See Publication 946 for information on preparing Form 4562. How to amend a tax return 2012 Schedule C (Form 1040), Profit or Loss From Business Generally, Schedule C is used when you provide substantial services in conjunction with the property or the rental is part of a trade or business as a real estate dealer. How to amend a tax return 2012 Providing substantial services. How to amend a tax return 2012   If you provide substantial services that are primarily for your tenant's convenience, such as regular cleaning, changing linen, or maid service, you report your rental income and expenses on Schedule C (Form 1040), Profit or Loss From Business, or Schedule C-EZ (Form 1040), Net Profit From Business. How to amend a tax return 2012 Use Form 1065, U. How to amend a tax return 2012 S. How to amend a tax return 2012 Return of Partnership Income, if your rental activity is a partnership (including a partnership with your spouse unless it is a qualified joint venture). How to amend a tax return 2012 Substantial services do not include the furnishing of heat and light, cleaning of public areas, trash collection, etc. How to amend a tax return 2012 For information, see Publication 334, Tax Guide for Small Business. How to amend a tax return 2012 Also, you may have to pay self-employment tax on your rental income using Schedule SE (Form 1040), Self-Employment Tax. How to amend a tax return 2012 For a discussion of “substantial services,” see Real Estate Rents in Publication 334, chapter 5. How to amend a tax return 2012 Qualified Joint Venture If you and your spouse each materially participate (see Material participation under Passive Activity Limits, later) as the only members of a jointly owned and operated real estate business, and you file a joint return for the tax year, you can make a joint election to be treated as a qualified joint venture instead of a partnership. How to amend a tax return 2012 This election, in most cases, will not increase the total tax owed on the joint return, but it does give each of you credit for social security earnings on which retirement benefits are based and for Medicare coverage if your rental income is subject to self-employment tax. How to amend a tax return 2012 If you make this election, you must report rental real estate income on Schedule E (or Schedule C if you provide substantial services). How to amend a tax return 2012 You will not be required to file Form 1065 for any year the election is in effect. How to amend a tax return 2012 Rental real estate income generally is not included in net earnings from self-employment subject to self-employment tax and generally is subject to the passive activity limits. How to amend a tax return 2012 If you and your spouse filed a Form 1065 for the year prior to the election, the partnership terminates at the end of the tax year immediately preceding the year the election takes effect. How to amend a tax return 2012 For more information on qualified joint ventures, go to IRS. How to amend a tax return 2012 gov and enter “qualified joint venture” in the search box. How to amend a tax return 2012 Limits on Rental Losses If you have a loss from your rental real estate activity, two sets of rules may limit the amount of loss you can deduct. How to amend a tax return 2012 You must consider these rules in the order shown below. How to amend a tax return 2012 Both are discussed in this section. How to amend a tax return 2012 At-risk rules. How to amend a tax return 2012 These rules are applied first if there is investment in your rental real estate activity for which you are not at risk. How to amend a tax return 2012 This applies only if the real property was placed in service after 1986. How to amend a tax return 2012 Passive activity limits. How to amend a tax return 2012 Generally, rental real estate activities are considered passive activities and losses are not deductible unless you have income from other passive activities to offset them. How to amend a tax return 2012 However, there are exceptions. How to amend a tax return 2012 At-Risk Rules You may be subject to the at-risk rules if you have: A loss from an activity carried on as a trade or business or for the production of income, and Amounts invested in the activity for which you are not fully at risk. How to amend a tax return 2012 Losses from holding real property (other than mineral property) placed in service before 1987 are not subject to the at-risk rules. How to amend a tax return 2012 In most cases, any loss from an activity subject to the at-risk rules is allowed only to the extent of the total amount you have at risk in the activity at the end of the tax year. How to amend a tax return 2012 You are considered at risk in an activity to the extent of cash and the adjusted basis of other property you contributed to the activity and certain amounts borrowed for use in the activity. How to amend a tax return 2012 Any loss that is disallowed because of the at-risk limits is treated as a deduction from the same activity in the next tax year. How to amend a tax return 2012 See Publication 925 for a discussion of the at-risk rules. How to amend a tax return 2012 Form 6198. How to amend a tax return 2012   If you are subject to the at-risk rules, file Form 6198, At-Risk Limitations, with your tax return. How to amend a tax return 2012 Passive Activity Limits In most cases, all rental real estate activities (except those of certain real estate professionals, discussed later) are passive activities. How to amend a tax return 2012 For this purpose, a rental activity is an activity from which you receive income mainly for the use of tangible property, rather than for services. How to amend a tax return 2012 For a discussion of activities that are not considered rental activities, see Rental Activities in Publication 925. How to amend a tax return 2012 Deductions or losses from passive activities are limited. How to amend a tax return 2012 You generally cannot offset income, other than passive income, with losses from passive activities. How to amend a tax return 2012 Nor can you offset taxes on income, other than passive income, with credits resulting from passive activities. How to amend a tax return 2012 Any excess loss or credit is carried forward to the next tax year. How to amend a tax return 2012 Exceptions to the rules for figuring passive activity limits for personal use of a dwelling unit and for rental real estate with active participation are discussed later. How to amend a tax return 2012 For a detailed discussion of these rules, see Publication 925. How to amend a tax return 2012 Real estate professionals. How to amend a tax return 2012   If you are a real estate professional, complete line 43 of Schedule E. How to amend a tax return 2012      You qualify as a real estate professional for the tax year if you meet both of the following requirements. How to amend a tax return 2012 More than half of the personal services you perform in all trades or businesses during the tax year are performed in real property trades or businesses in which you materially participate. How to amend a tax return 2012 You perform more than 750 hours of services during the tax year in real property trades or businesses in which you materially participate. How to amend a tax return 2012 If you qualify as a real estate professional, rental real estate activities in which you materially participated are not passive activities. How to amend a tax return 2012 For purposes of determining whether you materially participated in your rental real estate activities, each interest in rental real estate is a separate activity unless you elect to treat all your interests in rental real estate as one activity. How to amend a tax return 2012   Do not count personal services you perform as an employee in real property trades or businesses unless you are a 5% owner of your employer. How to amend a tax return 2012 You are a 5% owner if you own (or are considered to own) more than 5% of your employer's outstanding stock, or capital or profits interest. How to amend a tax return 2012   Do not count your spouse's personal services to determine whether you met the requirements listed earlier to qualify as a real estate professional. How to amend a tax return 2012 However, you can count your spouse's participation in an activity in determining if you materially participated. How to amend a tax return 2012 Real property trades or businesses. How to amend a tax return 2012   A real property trade or business is a trade or business that does any of the following with real property. How to amend a tax return 2012 Develops or redevelops it. How to amend a tax return 2012 Constructs or reconstructs it. How to amend a tax return 2012 Acquires it. How to amend a tax return 2012 Converts it. How to amend a tax return 2012 Rents or leases it. How to amend a tax return 2012 Operates or manages it. How to amend a tax return 2012 Brokers it. How to amend a tax return 2012 Choice to treat all interests as one activity. How to amend a tax return 2012   If you were a real estate professional and had more than one rental real estate interest during the year, you can choose to treat all the interests as one activity. How to amend a tax return 2012 You can make this choice for any year that you qualify as a real estate professional. How to amend a tax return 2012 If you forgo making the choice for one year, you can still make it for a later year. How to amend a tax return 2012   If you make the choice, it is binding for the tax year you make it and for any later year that you are a real estate professional. How to amend a tax return 2012 This is true even if you are not a real estate professional in any intervening year. How to amend a tax return 2012 (For that year, the exception for real estate professionals will not apply in determining whether your activity is subject to the passive activity rules. How to amend a tax return 2012 )   See the Instructions for Schedule E for information about making this choice. How to amend a tax return 2012 Material participation. How to amend a tax return 2012   Generally, you materially participated in an activity for the tax year if you were involved in its operations on a regular, continuous, and substantial basis during the year. How to amend a tax return 2012 For details, see Publication 925 or the Instructions for Schedule C. How to amend a tax return 2012 Participating spouse. How to amend a tax return 2012   If you are married, determine whether you materially participated in an activity by also counting any participation in the activity by your spouse during the year. How to amend a tax return 2012 Do this even if your spouse owns no interest in the activity or files a separate return for the year. How to amend a tax return 2012 Form 8582. How to amend a tax return 2012    You may have to complete Form 8582 to figure the amount of any passive activity loss for the current tax year for all activities and the amount of the passive activity loss allowed on your tax return. How to amend a tax return 2012 See Form 8582 not required , later in this chapter, to determine if you must complete Form 8582. How to amend a tax return 2012   If you are required to complete Form 8582 and are also subject to the at-risk rules, include the amount from Form 6198, line 21 (deductible loss) in column (b) of Form 8582, Worksheet 1 or 3, as required. How to amend a tax return 2012 Exception for Personal Use of Dwelling Unit If you used the rental property as a home during the year, any income, deductions, gain, or loss allocable to such use shall not be taken into account for purposes of the passive activity loss limitation. How to amend a tax return 2012 Instead, follow the rules explained in chapter 5, Personal Use of Dwelling Unit (Including Vacation Home). How to amend a tax return 2012 Exception for Rental Real Estate With Active Participation If you or your spouse actively participated in a passive rental real estate activity, you may be able to deduct up to $25,000 of loss from the activity from your nonpassive income. How to amend a tax return 2012 This special allowance is an exception to the general rule disallowing losses in excess of income from passive activities. How to amend a tax return 2012 Similarly, you may be able to offset credits from the activity against the tax on up to $25,000 of nonpassive income after taking into account any losses allowed under this exception. How to amend a tax return 2012 Example. How to amend a tax return 2012 Jane is single and has $40,000 in wages, $2,000 of passive income from a limited partnership, and $3,500 of passive loss from a rental real estate activity in which she actively participated. How to amend a tax return 2012 $2,000 of Jane's $3,500 loss offsets her passive income. How to amend a tax return 2012 The remaining $1,500 loss can be deducted from her $40,000 wages. How to amend a tax return 2012 The special allowance is not available if you were married, lived with your spouse at any time during the year, and are filing a separate return. How to amend a tax return 2012 Active participation. How to amend a tax return 2012   You actively participated in a rental real estate activity if you (and your spouse) owned at least 10% of the rental property and you made management decisions or arranged for others to provide services (such as repairs) in a significant and bona fide sense. How to amend a tax return 2012 Management decisions that may count as active participation include approving new tenants, deciding on rental terms, approving expenditures, and other similar decisions. How to amend a tax return 2012 Example. How to amend a tax return 2012 Mike is single and had the following income and losses during the tax year:   Salary $42,300     Dividends 300     Interest 1,400     Rental loss (4,000)   The rental loss was from the rental of a house Mike owned. How to amend a tax return 2012 Mike had advertised and rented the house to the current tenant himself. How to amend a tax return 2012 He also collected the rents, which usually came by mail. How to amend a tax return 2012 All repairs were either made or contracted out by Mike. How to amend a tax return 2012 Although the rental loss is from a passive activity, because Mike actively participated in the rental property management he can use the entire $4,000 loss to offset his other income. How to amend a tax return 2012 Maximum special allowance. How to amend a tax return 2012   The maximum special allowance is: $25,000 for single individuals and married individuals filing a joint return for the tax year, $12,500 for married individuals who file separate returns for the tax year and lived apart from their spouses at all times during the tax year, and $25,000 for a qualifying estate reduced by the special allowance for which the surviving spouse qualified. How to amend a tax return 2012   If your modified adjusted gross income (MAGI) is $100,000 or less ($50,000 or less if married filing separately), you can deduct your loss up to the amount specified above. How to amend a tax return 2012 If your MAGI is more than $100,000 (more than $50,000 if married filing separately), your special allowance is limited to 50% of the difference between $150,000 ($75,000 if married filing separately) and your MAGI. How to amend a tax return 2012   Generally, if your MAGI is $150,000 or more ($75,000 or more if you are married filing separately), there is no special allowance. How to amend a tax return 2012 Modified adjusted gross income (MAGI). How to amend a tax return 2012   This is your adjusted gross income from Form 1040, U. How to amend a tax return 2012 S. How to amend a tax return 2012 Individual Income Tax Return, line 38, or Form 1040NR, U. How to amend a tax return 2012 S. How to amend a tax return 2012 Nonresident Alien Income Tax Return, line 37, figured without taking into account: The taxable amount of social security or equivalent tier 1 railroad retirement benefits, The deductible contributions to traditional individual retirement accounts (IRAs) and section 501(c)(18) pension plans, The exclusion from income of interest from Series EE and I U. How to amend a tax return 2012 S. How to amend a tax return 2012 savings bonds used to pay higher educational expenses, The exclusion of amounts received under an employer's adoption assistance program, Any passive activity income or loss included on Form 8582, Any rental real estate loss allowed to real estate professionals, Any overall loss from a publicly traded partnership (see Publicly Traded Partnerships (PTPs) in the Instructions for Form 8582), The deduction allowed for one-half of self-employment tax, The deduction allowed for interest paid on student loans, The deduction for qualified tuition and related fees, and The domestic production activities deduction (see the Instructions for Form 8903). How to amend a tax return 2012 Form 8582 not required. How to amend a tax return 2012   Do not complete Form 8582 if you meet all of the following conditions. How to amend a tax return 2012 Your only passive activities were rental real estate activities in which you actively participated. How to amend a tax return 2012 Your overall net loss from these activities is $25,000 or less ($12,500 or less if married filing separately and you lived apart from your spouse all year). How to amend a tax return 2012 If married filing separately, you lived apart from your spouse all year. How to amend a tax return 2012 You have no prior year unallowed losses from these (or any other passive) activities. How to amend a tax return 2012 You have no current or prior year unallowed credits from passive activities. How to amend a tax return 2012 Your MAGI is $100,000 or less ($50,000 or less if married filing separately and you lived apart from your spouse all year). How to amend a tax return 2012 You do not hold any interest in a rental real estate activity as a limited partner or as a beneficiary of an estate or a trust. How to amend a tax return 2012   If you meet all of the conditions listed above, your rental real estate activities are not limited by the passive activity rules and you do not have to complete Form 8582. How to amend a tax return 2012 On lines 23a through 23e of your Schedule E, enter the applicable amounts. How to amend a tax return 2012 Casualties and Thefts As a result of a casualty or theft, you may have a loss related to your rental property. How to amend a tax return 2012 You may be able to deduct the loss on your income tax return. How to amend a tax return 2012 Casualty. How to amend a tax return 2012   This is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual. How to amend a tax return 2012 Such events include a storm, fire, or earthquake. How to amend a tax return 2012 Theft. How to amend a tax return 2012   This is defined as the unlawful taking and removing of your money or property with the intent to deprive you of it. How to amend a tax return 2012 Gain from casualty or theft. How to amend a tax return 2012   It is also possible to have a gain from a casualty or theft if you receive money, including insurance, that is more than your adjusted basis in the property. How to amend a tax return 2012 Generally, you must report this gain. How to amend a tax return 2012 However, under certain circumstances, you may defer paying tax by choosing to postpone reporting the gain. How to amend a tax return 2012 To do this, you generally must buy replacement property within 2 years after the close of the first tax year in which any part of your gain is realized. How to amend a tax return 2012 In certain circumstances, the replacement period can be greater than 2 years; see Replacement Period in Publication 547 for more information. How to amend a tax return 2012 The cost of the replacement property must be equal to or more than the net insurance or other payment you received. How to amend a tax return 2012 More information. How to amend a tax return 2012   For information on business and nonbusiness casualty and theft losses, see Publication 547. How to amend a tax return 2012 How to report. How to amend a tax return 2012    If you had a casualty or theft that involved property used in your rental activity, figure the net gain or loss in Section B of Form 4684, Casualties and Thefts. How to amend a tax return 2012 Follow the Instructions for Form 4684 for where to carry your net gain or loss. How to amend a tax return 2012 Example In February 2008, Marie Pfister bought a rental house for $135,000 (house $120,000 and land $15,000) and immediately began renting it out. How to amend a tax return 2012 In 2013, she rented it all 12 months for a monthly rental fee of $1,125. How to amend a tax return 2012 In addition to her rental income of $13,500 (12 x $1,125), Marie had the following expenses. How to amend a tax return 2012 Mortgage interest $8,000 Fire insurance (1-year policy) 250 Miscellaneous repairs 400 Real estate taxes imposed and paid 500 Maintenance 200 Marie depreciates the residential rental property under MACRS GDS. How to amend a tax return 2012 This means using the straight line method over a recovery period of 27. How to amend a tax return 2012 5 years. How to amend a tax return 2012 She uses Table 2-2d to find her depreciation percentage. How to amend a tax return 2012 Because she placed the property in service in February 2008, she continues to use that row of Table 2-2d. How to amend a tax return 2012 For year 6, the rate is 3. How to amend a tax return 2012 636%. How to amend a tax return 2012 Marie figures her net rental income or loss for the house as follows: Total rental income received  ($1,125 × 12) $13,500 Minus: Expenses     Mortgage interest $8,000   Fire insurance 250   Miscellaneous repairs 400   Real estate taxes 500   Maintenance 200   Total expenses 9,350 Balance $4,150 Minus: Depreciation ($120,000 x 3. How to amend a tax return 2012 636%) 4,363 Net rental (loss) for house ($213)       Marie had a net loss for the year. How to amend a tax return 2012 Because she actively participated in her passive rental real estate activity and her loss was less than $25,000, she can deduct the loss on her return. How to amend a tax return 2012 Marie also meets all of the requirements for not having to file Form 8582. How to amend a tax return 2012 She uses Schedule E, Part I, to report her rental income and expenses. How to amend a tax return 2012 She enters her income, expenses, and depreciation for the house in the column for Property A and enters her loss on line 22. How to amend a tax return 2012 Form 4562 is not required. How to amend a tax return 2012 Prev  Up  Next   Home   More Online Publications