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2018Instructions for Schedule I (Form 1041)Department of the Treasury Internal Revenue ServiceAlternative Minimum Testates and Trusts Section references are to the Internal Revenue Code unless otherwise
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Schedule I is used to report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.
Taxpayers who have income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc. are required to file Schedule I.
Taxpayers need to report the details of their income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc. in the designated sections of Schedule I.
The purpose of Schedule I is to accurately report income or loss from various sources in order to calculate the taxpayer's total taxable income.
Taxpayers must report details such as rental income, royalty income, partnership income, S corporation income, estate income, trust income, REMIC income, etc.
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