Microsoft KB Archive/129323

= Money: Preparing Rental Property Data for Schedule E Tax Form =

Article ID: 129323

Article Last Modified on 1/19/2007

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APPLIES TO


 * Microsoft Money 2004 Deluxe Edition
 * Microsoft Money 2003 Deluxe Edition
 * Microsoft Money 2002 Deluxe Edition
 * Microsoft Money 2001 Standard Edition
 * Microsoft Money 2000 Deluxe Edition
 * Microsoft Money 99 Standard Edition
 * Microsoft Money 98 Standard Edition
 * Microsoft Money 97 Standard Edition
 * Microsoft Money 98 Deluxe Edition
 * Microsoft Money 98 Financial Suite Edition

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This article was previously published under Q129323



SUMMARY
If you own more than one rental property, you need to report each property's income and expenses separately on the Schedule E tax form.

In Microsoft Money, if you track your rental properties by using Classifications, you can create a customized tax report to show the breakdown of income and expenses for each property.



MORE INFORMATION
To create a customized tax report, use the appropriate method for your version of Money.

Money 99 or Later

 * 1) In the Gallery of Reports and Charts or Reports Gallery, depending on your version of Money, click Taxes in the left pane, and then double-click Tax-related Transactions.
 * 2) Click Customize.
 * 3) In the Customize Report dialog box, change the name of the report in the Title box. (This step is optional.)
 * 4) Under Report Type, click Tax Summary.
 * 5) In the Columns list, click Total Only.
 * 6) On the Category tab, click Clear All.
 * 7) Click each category from the category list that applies to your rental properties.
 * 8) To see your report, click Apply, and then click OK.

For more information see Money online Help.

Money 97 and Money 98

 * 1) In the Gallery of Reports and Charts, click Taxes in the left pane, and then double-click Tax-related Transactions.
 * 2) Click Customize.
 * 3) Under Report Type, click Tax Summary.
 * 4) In the Columns list, click Total Only.
 * 5) Under Include Transactions, click Select Transactions.
 * 6) On the Categories tab, click Selected Categories.
 * 7) Click each category from the category list that applies to your rental properties.
 * 8) Click OK.
 * 9) In the Customize Report dialog box, change the name of the report in the Title box. (This step is optional.)
 * 10) To see your report, click Apply, and then click View.

For more information see Money online Help.

