US Tax Tools

Schedule E Rental Income Calculator

Organize rent and common Schedule E expense categories, then separate the economic rental result from the loss currently deductible on the return.

01INPUTS
Schedule E Rental Worksheet
02RESULTS
Your Schedule E planning amount is $4,200 income after the passive-loss amount entered.

Net rental income

$4,200

Total rental expenses

$31,800

Suspended passive loss

$0
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What this tool covers

Calculation scope

  • Groups the common expense categories listed in Schedule E Part I.
  • Shows net rental economics before passive-loss limits.
  • Separates a currently deductible loss from the suspended balance.

Frequently asked questions

Are all rental losses deductible immediately?

No. Basis, at-risk, passive activity, excess business loss, and personal-use rules can limit the current deduction.

Where does rental depreciation go?

Depreciation for rental real estate is generally reported on Schedule E and supported by Form 4562 when the filing rules require it.

Should short-term rentals use Schedule E?

It depends on the services provided and the activity facts. Significant services can move the activity to Schedule C; use the current Schedule E instructions.

Sources

Related Calculators

Last updated August 11, 2026 Tax year 2025 return and 2026 rental planning

Data sources: IRS 2025 Schedule E and instructions; IRS Publication 527; IRS Form 8582 instructions

This tool is general information only, not financial advice.

Federal planning estimate based on current IRS forms and instructions. Use the filed form and its instructions for return preparation.

Reviewed by USTax Tools Editorial Desk

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