Get Irs 8825 1997-2026

The IRS 8825 form is used by partnerships and S corporations to report income and expenses from rental real estate activities. This guide will provide clear, step-by-step instructions for completing the form online, ensuring you have the necessary information to complete it correctly.

Follow the steps to accurately complete the IRS 8825 online.

1. Press the ‘Get Form’ button to obtain the IRS 8825 form and open it in your preferred editor.
2. In line 1, enter the name and employer identification number of the partnership or S corporation.
3. For each property (up to eight), list its kind and location in the properties section, making sure to follow any specific identifying guidelines provided.
4. Input the gross rents received for each property in line 2.
5. Complete the rental real estate expenses section by filling out lines 3 through 15 with the necessary details, including advertising, maintenance, insurance, and other relevant expenses.
6. Calculate total expenses by adding lines 3 through 15 for each property and enter the result in line 16.
7. Calculate total gross rents by adding all amounts from line 2 for each property and record this in line 17.
8. Add total expenses from line 16 and enter the sum in line 18.
9. If applicable, report any net gain or loss from disposition of property as indicated on Form 4797, and include it in line 19.
10. Complete line 20a by reporting net income or loss from rental real estate activities from other partnerships or estates, and identify them in the space provided.
11. Finally, sum lines 17 through 20a to find the total net income or loss from rental real estate activities and enter this result in line 21.
12. Once all sections are filled out, you can save your changes, download, print, or share the form as needed.

Start completing your IRS 8825 form online today!